Taiwan Sakura (9911) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was NT$2,759,579 thousand, up 14% year-over-year from NT$2,415,756 thousand.

• Net income attributable to shareholders was NT$380,650 thousand, a 7% increase from NT$355,572 thousand in Q1 2024.

• Gross profit margin remained stable at 35% in Q1 2025 compared to 36% in Q1 2024.

• Earnings per share (EPS) for Q1 2025 were NT$1.74 basic and NT$1.73 diluted, up from NT$1.63 and NT$1.62, respectively, in Q1 2024.

Financial highlights

• Operating income for Q1 2025 was NT$431,138 thousand, up from NT$401,147 thousand in Q1 2024.

• Total assets as of 31 March 2025 were NT$10,899,066 thousand, with equity of NT$5,981,528 thousand.

• Cash and cash equivalents stood at NT$2,443,965 thousand at quarter-end.

• Dividend per share for 2024 was approved at NT$4.70, up from NT$3.88 for 2023.

Outlook and guidance

• Management notes seasonality, with higher revenues expected in the second half of the year.

• No significant subsequent events or disaster losses reported after Q1 2025.