Yankey Engineering (6691) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2025 was NT$9,827.9 million, up 59% year-over-year; net income reached NT$1,270.9 million, a 56% increase from the prior year period.

• Gross margin remained stable at 20%, while operating margin was 17% for the period.

• Earnings per share for the six months were NT$10.54 (basic and diluted), compared to NT$6.76 in the same period last year.

• The company maintained a strong cash position, with cash and cash equivalents of NT$6,711.4 million as of June 30, 2025.

Financial highlights

• Operating income for the six months was NT$1,648.2 million, up 61% year-over-year.

• Total assets increased to NT$18,441.4 million from NT$14,020.0 million a year earlier.

• Total equity rose to NT$5,779.7 million, up from NT$5,065.4 million at June 30, 2024.

• Cash flow from operating activities was NT$1,481.8 million, a 59% increase year-over-year.

• Dividends declared: NT$16 per share cash and NT$1.5 per share stock for 2024 earnings.

Outlook and guidance

• Outstanding performance obligations as of June 30, 2025 were NT$37,149.4 million, to be recognized as revenue over the next one to three years.

• Management expects continued revenue growth driven by robust order backlog and ongoing projects.