Hiwin Technologies (2049) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2024 was NT$11,764 million, up slightly from NT$11,689 million year-over-year.

• Net income attributable to owners for H1 2024 was NT$618 million, down from NT$977 million in H1 2023.

• Gross margin remained stable at 30% for both periods.

• EPS for H1 2024 was NT$1.75, compared to NT$2.76 in H1 2023.

Financial highlights

• Q2 2024 revenue was NT$5,925 million, a 4% decrease year-over-year.

• Q2 2024 net income attributable to owners was NT$135 million, down from NT$582 million in Q2 2023.

• Operating income for H1 2024 was NT$917 million, down from NT$1,056 million in H1 2023.

• Cash and equivalents at June 30, 2024, were NT$7,171 million.

Outlook and guidance

• Management continues to monitor global economic and industry trends, with a focus on maintaining capital flexibility and operational efficiency.