TXC (3042) Q4 2025 earnings summary

Executive summary

• Consolidated financial statements for 2025 and 2024 were audited with an unmodified opinion, confirming fair presentation in accordance with IFRS and local regulations.

• The authenticity of sales revenue from specific customers was a key audit matter, with enhanced procedures to verify revenue recognition.

• The group operates primarily in the crystal and real estate development segments, with the crystal segment being the main revenue driver.

Financial highlights

• Revenue for 2025 was NT$13,348.9 million, up 5.3% year-over-year.

• Net profit for 2025 was NT$1,804.3 million, down 15.6% from 2024.

• Gross margin decreased to 33% in 2025 from 35% in 2024.

• Earnings per share were NT$5.28 (basic) and NT$5.23 (diluted) in 2025, compared to NT$6.55 and NT$6.39 in 2024.

• Cash and cash equivalents at year-end 2025 were NT$3,877.5 million.

Outlook and guidance

• The company continues to focus on sustainability, increasing renewable energy usage to 15.4% in 2025 and adopting ISO 20400 guidelines.

• No entity in the group is subject to Taiwan's new carbon fee as of 2025.