Yankey Engineering (6691) Q4 2025 earnings summary

Executive summary

• Consolidated financial statements for the years ended December 31, 2025 and 2024 were audited and received an unmodified opinion, confirming fair presentation in accordance with IFRS and local regulations.

• The group is primarily engaged in design and installation of electrical and mechanical engineering projects, with revenue mainly from construction contracts recognized over time based on project completion.

• The company expanded internationally, establishing subsidiaries in Malaysia, the USA, and Singapore in 2024 and 2025, and launched a sports and entertainment subsidiary.

Financial highlights

• Operating revenue increased 47% year-over-year to NT$22,352,102 thousand in 2025 from NT$15,192,054 thousand in 2024.

• Net income rose 47% to NT$2,985,466 thousand in 2025 from NT$2,030,002 thousand in 2024.

• Gross profit margin was 19% in 2025, slightly down from 20% in 2024.

• Basic earnings per share increased to NT$24.76 in 2025 from NT$16.83 in 2024.

• Cash and cash equivalents at year-end 2025 were NT$4,989,354 thousand, down from NT$5,202,604 thousand in 2024.

Outlook and guidance

• Outstanding performance obligations at year-end 2025 totaled NT$55,318,881 thousand, expected to be recognized over the next one to three years.

• The board proposed a 2025 dividend of NT$2,532,541 thousand in cash and NT$120,597 thousand in share dividends, pending shareholder approval.