TIME Interconnect Technology Limited Announces Final Results For The Year Ended 31 December 2024

In Hong Kong, on April 25, 2025, TIME Interconnect Technology Limited, a prominent manufacturer of cable assembly, digital cable, and server products, reported its strong financial results for the year ending December 31, 2024. The company saw substantial growth driven by strategic expansions in high-margin sectors and effective execution.

Despite global economic challenges during the year, including high borrowing costs and geopolitical issues, TIME Interconnect demonstrated adaptability and resilience by focusing on business transformation and product enhancements. The company capitalized on the growing demand for server and data center infrastructure due to the rise of artificial intelligence, which significantly boosted revenue in these segments.

For the fiscal year 2024, the Group’s revenue reached HK$7,388.8 million, marking a 53.1% increase compared to the previous year. Operating profit also rose to HK$623.6 million, up by 43.9%, while net profit increased to HK$450.5 million. The company’s revenue growth was particularly strong in sectors such as data centers, medical equipment, and specialty cables.

Looking ahead, despite economic uncertainties and geopolitical tensions, TIME Interconnect remains optimistic about its future prospects. The company plans to continue innovating, expanding its international footprint, and diversifying its business to ensure long-term growth. Additionally, the establishment of overseas subsidiaries and strategic investments in emerging technologies demonstrate the company’s commitment to driving innovation and expanding its market presence.

TIME Interconnect’s focus on core competitiveness, innovation, and sustainability reflects its dedication to creating value for shareholders and society while addressing key social issues. The company’s establishment of the Medical Engineering and Innovation Council underscores its commitment to advancing medical technology and industry development.