Mega Union Technology (6944) Q1 2025 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2025 earnings summary
10 Jul, 2026Executive summary
Consolidated financial statements for Q1 2024 and Q1 2023 reviewed by PwC, with no material misstatements found under IFRS standards.
The group specializes in ultrapure water and wastewater recycling system design, installation, and maintenance.
Financial highlights
Q1 2024 revenue: NT$3,039.8 million, up 39% year-over-year from NT$2,184.3 million.
Q1 2024 net income: NT$419.1 million, up 26% year-over-year from NT$331.5 million.
Gross margin: 22% in Q1 2024, compared to 23% in Q1 2023.
Basic EPS: NT$6.07 in Q1 2024, up from NT$4.90 in Q1 2023.
Cash and equivalents at March 31, 2024: NT$3,223.6 million.
Outlook and guidance
Management expects unfulfilled contract value of NT$13,136.9 million as of March 31, 2024, to be recognized as revenue over the next one to two years.
Latest events from Mega Union Technology
- Net income surged 49% year-over-year on higher revenue and improved margins.6944
Q2 2024 - Revenue and profit rose sharply year-over-year, with strong liquidity and a solid contract backlog.6944Q3 2024
- Revenue and profit surged, driven by construction contracts and major new investments.6944Q4 2025
- Net profit surged 41% on strong revenue growth and margin gains, with a record order backlog.6944Q4 2024
- First-half 114 revenue and profit surged on strong orders, with a successful IPO boosting liquidity.6944Q2 2025
- Revenue and profit soared on strong order backlog and successful IPO, with robust cash reserves.6944Q3 2025
- Revenue and net income surged year-over-year, with a record backlog and robust financial position.6944Q1 2026