According to Valuetronics, Trio AI was a joint venture set up to provide GPU and AI-related value-added cloud services in Hong Kong.
Valuetronics Holdings drop by around a fifth after warning that it will be making an impairment which will lead to a "significant" decrease in its FY2026 earnings over the preceding year ended March 2025.
Specifically, the impairment is related to the company's investments in GPUs and related ancillary hardware assets under equipment leasing arrangements to an associate company, Trio AI, in which it holds 26.6%.
