China Steel (2002) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2025 was NT$168.3 billion, down 11% year-over-year, with a net loss of NT$1.5 billion compared to a net profit of NT$2.8 billion in the prior year period.

• Gross profit margin declined to 3% from 5% year-over-year, reflecting weaker market conditions and higher costs.

• The independent auditor’s review found the financial statements present fairly, in all material respects.

Financial highlights

• Operating revenue for Q2 2025 was NT$85.1 billion, down from NT$94.6 billion in Q2 2024.

• Net loss for Q2 2025 was NT$2.3 billion, compared to net profit of NT$1.6 billion in Q2 2024.

• Basic and diluted loss per share for the six months ended June 30, 2025 were NT$(0.11), compared to earnings per share of NT$0.13 in the prior year.

• Total assets as of June 30, 2025 were NT$674.2 billion, with total equity of NT$322.7 billion.

Outlook and guidance

• Management continues to monitor the impact of new and upcoming IFRS standards, with ongoing assessment of potential effects on financial position and performance.

• The company is focused on optimizing capital structure and maintaining compliance with loan covenants.