C Sun Mfg (2467) Q2 2025 earnings summary

Executive summary

• Q2 2025 revenue was NT$1,510,064 thousand, up from NT$1,349,332 thousand YoY; operating profit rose to NT$272,730 thousand and net income to NT$217,371 thousand.

• H1 revenue increased to NT$2,819,153 thousand and operating profit to NT$453,059 thousand; net income was NT$379,322 thousand versus NT$376,867 thousand.

• H1 total comprehensive loss was NT$128,920 thousand despite net income, reflecting other comprehensive losses.

Financial highlights

• Q2 net operating margin was 42% versus 38% YoY; operating profit margin was 18% versus 13%.

• H1 net operating margin was 42% versus 40% YoY; operating profit margin was 16% versus 14%.

• Q2 other gains and losses were a net loss of NT$71,039 thousand versus a gain of NT$16,292 thousand; H1 was a net loss of NT$54,003 thousand versus a gain of NT$72,361 thousand.

• H1 pretax profit was NT$507,120 thousand versus NT$481,941 thousand; income tax expense rose to NT$127,798 thousand from NT$105,074 thousand.

Segment performance

• H1 external revenue: largest reported segment NT$1,537,170 thousand; Csun Technology (Guangzhou) NT$328,427 thousand; Creation Machines NT$897,904 thousand; Other NT$55,652 thousand.

• H1 reportable segment income was NT$583,690 thousand; Other recorded a loss of NT$76,570 thousand, reconciling to pretax profit of NT$507,120 thousand.

• H1 consolidated external revenue increased to NT$2,819,153 thousand from NT$2,429,353 thousand YoY.