Tongtai Machine & Tool Co. Q1 2025 Financial Report: Consolidated profit of NT$34.46 million for Q1 2025, EPS NT$0.14 per share, as approved by the board of directors.

Tongtai Machine & Tool Co., Ltd. (4526) held a board meeting on May 9, 2025, where they approved the consolidated financial report for the first quarter of 2025. The consolidated revenue for the quarter reached NT$1.52 billion, marking a 15% increase from the previous year. The net profit attributable to the parent company's owners was NT$34.46 million, with earnings per share of NT$0.14, marking a successful return to profitability. Despite an operating loss, Tongtai achieved a net profit after tax through non-operating income, indicating financial stability. The board also approved strategic investments to strengthen market competitiveness.

Financial Report Highlights: Revenue and Profit Growth

According to the consolidated financial report for the first quarter of 2025 announced by Tongtai Machine & Tool, the company achieved consolidated revenue of NT$1.52 billion (1,520.148 million) from January 1 to March 31, 2025, marking a 15% increase compared to the same period last year. The operating gross profit was NT$305 million (304.526 million), but the operating profit was still a loss of NT$63.73 million (-63.735 million), indicating that operating costs and expenses continue to pressure profitability.

Although the core business has not yet fully turned positive, Tongtai achieved a pre-tax net profit of NT$63.46 million (63.458 million) and a post-tax net profit of NT$32.92 million (32.919 million) through non-operating income and financial maneuvers. The net profit attributable to the owners of the parent company was NT$34.46 million (34.463 million), with basic earnings per share of NT$0.14, successfully reversing the loss from the same period last year.

Board of Directors Approves Financial Report and Confirms Financial Stability

On May 9, 2025, Tongtai held the 12th session of the 19th Board of Directors, where the first quarter consolidated financial report for fiscal year 114 was reviewed and approved. According to the company announcement, more than two-thirds of the directors attended the meeting, and the majority of the attending directors agreed, complying with the company's articles of association and relevant regulations.

The Board of Directors also stated that after a careful assessment of the company's financial status, the financial information disclosed in this financial report is reasonable, without any significant anomalies. The Audit Committee also approved the financial report on May 7, completing the necessary internal audit procedures.

Financial Structure and Balance Sheet Overview

As of March 31, 2025, Tongtai Machine & Tool's total assets were NT$13.45 billion (13,449.074 million), total liabilities were NT$9.00 billion (9,002.161 million), and the equity attributable to the owners of the parent company was NT$4.38 billion (4,382.873 million). This indicates a stable asset structure with good capital maintenance capability.

Although the operating profit is still negative, both pre-tax and post-tax net profits are positive, indicating that the company has achieved certain results in non-operating activities, possibly from foreign exchange gains, investment income, or other non-operating income.

Background of Financial Report Approval: Industry Environment and Company Strategy

Tongtai pointed out that the first-quarter operations were still affected by industry cycles and deferred end-user demand. However, as the quality of orders and corporate structure continues to improve, the company has gradually demonstrated operational resilience. The positive performance of this financial report also reflects Tongtai's ongoing efforts to strengthen competitiveness in the global machine tool market.

Additionally, on the same day, the Tongtai Board of Directors approved several strategic resolutions, including the acquisition of a 10% stake in YCM for NT$315 million to form a strategic alliance and further expand the American and European markets. Although these strategic investments and collaborations are not within the scope of this financial report, they lay the foundation for the company's future operations.

References

• 【公告】東台114年第1季合併財務報告業經董事會通過
• 東台精機首季營收增、每股盈餘0.14元 擬買回3000張庫藏股
• 東台第一季合併獲利3446萬元，每股稅後0.14元-MoneyDJ理財網