Innolux (348) Q3 2025 earnings summary

Executive summary

• Consolidated revenue for 3Q25 was NT$57.8 billion, up 2.8% quarter-over-quarter.

• Operating loss for the quarter was NT$0.98 billion, with net profit at NT$0.19 billion and basic EPS of NT$0.01.

• EBITDA for 3Q25 reached NT$6.31 billion.

• Product mix optimization and pricing strategy contributed to stable operations.

Financial highlights

• Gross profit for 3Q25 was NT$4.56 billion, with a gross margin of 7.9%.

• Operating expenses totaled NT$5.54 billion.

• Net profit attributable to owners was NT$67 million.

• Depreciation and amortization for the quarter was NT$7.3 billion; capital expenditure was NT$2.4 billion.

Outlook and guidance

• Panel demand expected to soften in 4Q25 due to the traditional low season and macroeconomic uncertainties.

• Non-display sector revenue projected to decline by a low single-digit percentage quarter-over-quarter.

• Company will continue to adjust product portfolio and focus on high-margin businesses.