TXC (3042) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2025, was NT$6,532,990 thousand, up 15% year-over-year, with net profit at NT$840,041 thousand, down 20% from NT$1,056,206 thousand in 2024.

• Gross margin for the period was 34%, consistent with the prior year, but operating profit margin declined to 16% from 18% year-over-year.

• Total assets increased to NT$23,147,084 thousand as of June 30, 2025, compared to NT$21,601,870 thousand a year earlier.

Financial highlights

• Operating income for the six months was NT$1,065,146 thousand, up 9% year-over-year.

• Net profit attributable to owners was NT$842,107 thousand, with basic EPS of NT$2.46, down from NT$3.40 in the prior year.

• Cash and cash equivalents rose to NT$5,942,761 thousand from NT$5,646,074 thousand year-over-year.

• Net cash from operating activities was NT$1,599,890 thousand, up from NT$1,432,526 thousand year-over-year.

• Total equity attributable to owners was NT$14,554,666 thousand, up from NT$12,038,666 thousand a year earlier.

Outlook and guidance

• The company continues to focus on strengthening corporate governance, ESG initiatives, and renewable energy, with renewable energy usage reaching 16.9% in the first half of 2025.

• No explicit forward-looking financial guidance was provided, but ongoing capital investments and sustainability efforts are emphasized.