Lotes (3533) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was NT$9,327,579 thousand, up 20% year-over-year from NT$7,765,494 thousand in Q1 2025.

• Net profit for Q1 2026 reached NT$2,431,334 thousand, a 6% increase from NT$2,298,315 thousand in Q1 2025.

• Gross margin remained stable at 50% in Q1 2026, compared to 51% in Q1 2025.

• Earnings per share for Q1 2026 were NT$21.37 basic and NT$21.34 diluted, up from NT$20.22 and NT$20.20, respectively, in Q1 2025.

Financial highlights

• Operating income for Q1 2026 was NT$2,708,466 thousand, up 11% year-over-year.

• Total assets as of March 31, 2026, were NT$54,367,736 thousand, up from NT$51,478,772 thousand a year earlier.

• Cash and cash equivalents at quarter-end were NT$13,266,582 thousand, compared to NT$19,709,094 thousand at the end of Q1 2025.

• Net cash flows from operating activities for Q1 2026 were NT$2,125,315 thousand, down from NT$3,436,000 thousand in Q1 2025.

• Dividend payout for 2025 was NT$35.00 per share, lower than NT$41.50 for 2024.

Outlook and guidance

• The company is assessing the impact of IFRS 18, which will affect presentation and disclosure starting 2028.

• No significant impact is expected from other new or amended standards not yet endorsed.