EVA Airways (2618) Q2 2025 earnings summary

Executive summary

• Operating revenue for the six months ended June 30, 2025, was NT$110.25 billion, up 2.8% year-over-year; net profit attributable to owners was NT$12.62 billion, with EPS of NT$2.34, slightly higher than the prior year.

• Gross margin for the period was 24%, with operating income at NT$18.77 billion, reflecting stable core operations.

• Cash dividends of NT$12.96 billion (NT$2.4 per share) were approved for 2024 earnings.

Financial highlights

• Operating revenue increased to NT$110.25 billion from NT$107.29 billion year-over-year.

• Net profit for the six months was NT$13.28 billion, nearly flat compared to NT$13.39 billion in the prior year.

• Gross profit rose to NT$26.56 billion, with a gross margin of 24%.

• Operating expenses were NT$7.79 billion, up from NT$7.30 billion year-over-year.

• Net cash from operating activities was NT$23.29 billion, down from NT$31.05 billion in the prior year.

Outlook and guidance

• The Group expects continued seasonal strength in Q3 due to holidays and summer travel, supporting higher revenues in the aviation transportation segment.

• Adoption of new IFRS standards is not expected to have a significant impact on future financials.