CO-TECH Development (8358) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2024, was NT$5,715,759 thousand, up 12% year-over-year from NT$5,114,983 thousand.

• Net income for the same period was NT$685,227 thousand, a decrease from NT$726,729 thousand year-over-year.

• Gross margin remained stable at 20%, with operating margin at 17% for the nine-month period.

• The company maintained a strong equity position, with total equity at NT$7,138,621 thousand as of September 30, 2024.

Financial highlights

• Operating income for the nine months was NT$960,212 thousand, up from NT$901,006 thousand year-over-year.

• Basic and diluted EPS for the nine months were NT$2.71, compared to NT$2.88 and NT$2.87, respectively, in the prior year.

• Cash and cash equivalents at period end were NT$594,361 thousand, down from NT$1,955,387 thousand a year earlier.

• Total assets stood at NT$8,791,817 thousand, with liabilities at NT$1,653,196 thousand as of September 30, 2024.

Outlook and guidance

• The company continues to invest in long-term equity securities and capital expenditures to support strategic growth.

• Management is monitoring the impact of new IFRS standards effective in 2026 and 2027, with ongoing evaluation of potential effects.