Kinsus Interconnect Technology (3189) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was NT$8,619,744 thousand, up 23% year-over-year, with net income of NT$611,959 thousand, a 56% increase from Q1 2024.

• Gross profit margin decreased to 23% from 27% year-over-year, while operating income rose to NT$501,092 thousand.

• Earnings per share (EPS) for Q1 2025 was NT$0.61, compared to NT$0.05 in Q1 2024.

Financial highlights

• Cash and cash equivalents stood at NT$12,718,564 thousand as of March 31, 2025, down from NT$15,107,354 thousand a year earlier.

• Total assets were NT$79,692,781 thousand, with total liabilities at NT$40,197,800 thousand and equity at NT$39,494,981 thousand.

• Operating cash flow for Q1 2025 was NT$1,916,310 thousand, up from NT$1,393,011 thousand in Q1 2024.

• Capital expenditures included NT$838,109 thousand for property, plant, and equipment.

Outlook and guidance

• The company continues to invest in capacity and technology, with significant construction and equipment contracts outstanding.

• No specific forward-looking financial guidance was provided.