Cheng Shin Rubber (2105) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2025 was NT$46,151 million, down 3.8% year-over-year; net profit was NT$2,356 million, a 48.5% decrease from NT$4,577 million in the prior year period.

• Gross margin remained stable at 22%, but operating profit margin declined to 8% from 13% year-over-year.

• The company faced significant foreign exchange losses and lower sales in China and the US, impacting overall profitability.

Financial highlights

• Six-month revenue: NT$46,151 million (down from NT$47,968 million year-over-year).

• Net profit: NT$2,356 million (down from NT$4,577 million year-over-year).

• Basic and diluted EPS: NT$0.73 (down from NT$1.41 year-over-year).

• Operating profit: NT$3,052 million (down from NT$6,501 million year-over-year).

• Significant foreign exchange loss: NT$684 million for the six-month period.

Outlook and guidance

• Management continues to monitor global market conditions and foreign exchange volatility.

• No specific forward-looking financial guidance provided.