Lungteh Shipbuilding (6753) Q4 2025 earnings summary

Executive summary

• Audited financials for the years ended December 31, 2025 and 2024 were prepared in accordance with IFRS and local regulations, with an unqualified opinion from Deloitte & Touche.

• Main business activities are shipbuilding, vessel design, and construction, with revenue recognized by percentage of completion.

Financial highlights

• Revenue for 2025 was NT$5,246,333 thousand, up 2.5% year-over-year from NT$5,119,080 thousand.

• Net profit for 2025 was NT$683,741 thousand, down 3.2% from NT$706,623 thousand in 2024.

• Gross margin declined to 20% in 2025 from 23% in 2024.

• Basic EPS was NT$5.98 in 2025, compared to NT$6.25 in 2024.

• Cash and cash equivalents increased to NT$3,239,995 thousand at year-end 2025.

Outlook and guidance

• As of December 31, 2025, unsatisfied performance obligations totaled NT$6,083,050 thousand, expected to be recognized as revenue over the next 4 to 32 months.

• Proposed 2025 cash dividend is NT$1.25 per share, subject to shareholder approval.