All Ring Tech (6187) Q2 2025 earnings summary

Executive summary

• H1 2025 revenue was NT$2,770,607 thousand and net income was NT$742,212 thousand, both above H1 2024; operating cash flow was NT$1,385,024 thousand.

• The interim review conclusion was qualified because certain subsidiaries and equity-method investments were based on unreviewed financial statements.

Financial highlights

• Q2 2025 revenue was NT$1,523,685 thousand versus NT$1,271,522 thousand; net income was NT$399,401 thousand versus NT$271,624 thousand.

• H1 2025 revenue was NT$2,770,607 thousand versus NT$1,994,676 thousand; net income was NT$742,212 thousand versus NT$442,484 thousand.

• H1 2025 profit before tax was NT$927,308 thousand versus NT$508,820 thousand; income tax expense was NT$185,096 thousand versus NT$66,336 thousand.

• Cash and cash equivalents at June 30, 2025 were NT$4,605,153 thousand, versus NT$1,275,828 thousand at June 30, 2024.

Outlook and guidance

• Pipeline focus includes CPO coupling equipment, FOPLP dispensers and CoPOS; process capabilities include alignment, dispensing and attachment.