CO-TECH Development (8358) investor relations material

Executive summary

• Revenue for the first half of 115 increased to NT$5,336,763 thousand, up from NT$3,729,998 thousand year-over-year, with net income rising to NT$1,064,656 thousand from NT$431,993 thousand.

• Gross margin improved to 28% for the first half of 115, compared to 20% in the same period last year.

• Basic and diluted EPS for the first half of 115 were both NT$4.22, up from NT$1.71 year-over-year.

Financial highlights

• Operating income for the first half of 115 was NT$1,333,769 thousand, up from NT$623,076 thousand year-over-year.

• Cash and cash equivalents at June 30, 115 were NT$1,214,533 thousand, up from NT$1,065,751 thousand a year earlier.

• Total assets increased to NT$12,365,662 thousand at June 30, 115, compared to NT$8,467,327 thousand at June 30, 114.

• Short-term borrowings rose to NT$1,265,748 thousand from NT$623,827 thousand year-over-year.

• Equity attributable to owners reached NT$9,300,583 thousand, up from NT$6,554,896 thousand year-over-year.

Outlook and guidance

• The company does not plan to early adopt IFRS 18 and related amendments, and continues to assess the impact of new standards on its financial position and performance.