Fortune Electric (1519) Q1 2025 earnings summary

Executive summary

• Achieved total operating revenue of NT$4,421,261 thousand for Q1 2025, up from NT$3,037,501 thousand year-over-year.

• Net profit for Q1 2025 was NT$852,548 thousand, compared to NT$593,935 thousand in Q1 2024.

• Earnings per share rose to NT$3.00 (basic) from NT$2.08 year-over-year.

Financial highlights

• Gross profit increased to NT$1,584,973 thousand from NT$1,041,852 thousand year-over-year.

• Operating income reached NT$967,361 thousand, up from NT$621,058 thousand year-over-year.

• Total comprehensive income for Q1 2025 was NT$856,111 thousand, up from NT$611,384 thousand year-over-year.

• Cash and cash equivalents at period end were NT$5,017,292 thousand, up from NT$3,347,610 thousand year-over-year.

Outlook and guidance

• The company is assessing the impact of new and upcoming IFRS standards, including IFRS 18 and amendments to IFRS 9 and IFRS 7, on future financial reporting and performance.