Foxconn Technology (2354) Q1 2025 earnings summary

Executive summary

• Consolidated financial statements reviewed for Q1 2025 and Q1 2024, with a qualified conclusion due to unaudited portions of certain subsidiaries and equity-method investments, which represent a significant share of assets and income.

• The group operates in manufacturing, processing, and trading of casings, thermal modules, and consumer electronics.

Financial highlights

• Q1 2025 operating revenue: NT$30,000,508 thousand, up from NT$8,859,674 thousand in Q1 2024.

• Net income attributable to owners: NT$953,376 thousand, up from NT$849,550 thousand year-over-year.

• Basic and diluted EPS: NT$0.67, up from NT$0.60 in Q1 2024.

• Gross profit margin for Q1 2025: 4.3% (NT$1,289,547 thousand gross profit on NT$30,000,508 thousand revenue).

• Total assets as of March 31, 2025: NT$167,108,623 thousand; total equity: NT$111,053,983 thousand.

Outlook and guidance

• The group aims to maintain a debt ratio below 70% and continue its capital management strategy from 2024.

• No significant events after the balance sheet date affecting outlook.