Patec Precision Industry (2236) H2 2025 earnings summary

Executive summary

• Consolidated financial statements audited and found to present fairly the financial position and performance for 2025 and 2024 in accordance with IFRS and local regulations.

• Major business combination: acquisition of Broadway Industrial Group Limited (BIGL), expanding product portfolio and international market reach.

• BIGL contributed approximately 75% of 2025 operating revenue, with significant impact from new major customers.

Financial highlights

• Operating revenue surged to $9,323,367 thousand in 2025 from $1,782,271 thousand in 2024, mainly due to the BIGL acquisition.

• Gross profit increased to $995,975 thousand in 2025, but gross margin declined to 11% from 19% year-over-year.

• Operating loss of $22,640 thousand in 2025, compared to a loss of $304,370 thousand in 2024.

• Net loss of $430,353 thousand in 2025, versus net profit of $335,545 thousand in 2024.

• Total comprehensive loss of $531,608 thousand in 2025, compared to income of $411,299 thousand in 2024.

• Basic and diluted loss per share of $(6.81) in 2025, compared to earnings per share of $7.34 and $7.20 in 2024.

Outlook and guidance

• Management expects no material impact from new or amended IFRS standards effective in 2026.

• Pro-forma results indicate that if BIGL had been acquired at the start of 2024, 2024 revenue would have been $10,086,592 thousand with a loss of $125,969 thousand.