HONG KONG, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Raytech Holding Limited (the "Company" or "RAY"), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced its financial results for the six months ended September 30, 2024. CHING Tim Hoi, CEO and Chairman of the Company, commented, "The Company achieved a notable 31.0% increase in revenue for the six months ended September 30, 2024, reaching HKD 43.2 million (US$ 5.6 million), up from HKD 33.0 million in the prior year. This growth was driven primarily by strong sales in our trimmer series within the personal care products segment, re

HONG KONG, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Raytech Holding Limited (NASDAQ:RAY) (the "Company" or "RAY"), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced the results of the Company's 2024 Annual Meeting of Shareholders (the "Annual Meeting") held on October 23, 2024, at 9:00 a.m. HK time (October 22, 2024, at 9:00 p.m., U.S. Eastern time) at its executive office at Unit 609, 6/F, Nan Fung Commercial Centre, No.19 Lam Lok Street, Kowloon Bay, Hong Kong, and virtually by teleconference. At the Annual Meeting, shareholders of the Company: Re-elected all current five

HONG KONG, July 30, 2024 (GLOBE NEWSWIRE) -- Raytech Holding Limited (the "Company" or "RAY"), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced its financial results for the fiscal year ended March 31, 2024. CHING Tim Hoi, CEO and Chairman of the Company, commented, "The Company delivered a robust financial performance in the fiscal year ended March 31, 2024, with revenue increased by a substantial 47.1% to reach HKD67.0 million (US$8.6 million), up from HKD45.5 million in the prior year. This exceptional revenue growth was primarily driven by a significant increase in

Hong Kong, July 05, 2024 (GLOBE NEWSWIRE) -- Raytech Holding Limited (the "Company" or "RAY"), a Hong Kong-headquartered company specializes in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced that it closed the sale of an additional 113,083 ordinary shares of the Company, pursuant to the partial exercise of the underwriters' over-allotment option granted in connection with the Company's initial public offering ("IPO"), at the IPO price of $4 per share, less underwriting discounts. As a result, the Company has raised gross proceeds of $452,332 in addition to the previously announced IPO gross proceeds of approximately $6,

Hong Kong, July 03, 2024 (GLOBE NEWSWIRE) -- Raytech Holding Limited (the "Company" or "RAY"), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, pre-announces its financial results for the fiscal year ended March 31, 2024. The Company achieved a significant increase in revenue for the fiscal year 2024. Total sales amounted to approximately HKD67.0 million, marking a substantial growth of 47.1% compared to the previous fiscal year's revenue of HKD45.5 million. These robust growths are resulted from significant increase in sales from the Company's major products and tooling programs

Hong Kong, May 20, 2024 (GLOBE NEWSWIRE) -- In the dynamic world of personal grooming, Raytech Holding (NASDAQ:RAY) emerges as a shining star, dedicated to enhancing consumer lifestyles through its innovative range of personal care electrical appliances. Since its inception in 2013, this Hong Kong-based company has garnered over 10 years of industry experience, positioning itself as a leading player in the market. Exciting news hit the market as Raytech listed on the Nasdaq on May 15, under the symbol "RAY", a testament to its remarkable achievements and future potential. To support its growth ambitions, the company has raised $6 million through an initial public offering of 1.

Hong Kong, May 17, 2024 (GLOBE NEWSWIRE) -- Raytech Holding Limited (the "Company" or "RAY"), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced the closing of its initial public offering (the "Offering") of 1,500,000 ordinary shares (the "Ordinary Shares") at an initial public offering price of $4 per share for total gross proceeds of $6,000,000, before deducting underwriting discounts and other offering expenses. The Offering closed on May 17, 2024, and the Ordinary Shares began trading on Nasdaq Capital Market on May 15, 2024, under the ticker symbol "RAY". The Company ha

SC 13G - Raytech Holding Ltd (0001948443) (Subject)