Hua Sheng-KY Co.'s revenue in April decreased by 9.19% compared to the same month last year, but the total revenue for the year has still increased by 5.73%.
Hua Sheng-KY Co., Ltd. (stock code: 2248) announced on May 10th, 2025, that its consolidated revenue for April was NT$1.46 billion, a 9.19% decrease from the same period last year. However, the company's cumulative revenue for the first four months of this year reached NT$6.02 billion, a 5.73% increase from the same period last year. This shows that despite fluctuations in monthly revenue, Hua Sheng-KY Co., Ltd. has maintained steady overall revenue growth.
April Revenue Decline, Annual Decrease of 9.19%
According to the company's announcement, Huasheng-KY's consolidated revenue for April 2025 was NT$146,450 thousand (approximately NT$146.45 million), a decrease of NT$14,826 thousand compared to NT$161,276 thousand in the same period of 2024, representing an annual decrease of 9.19%. This marks the first instance of an annual decrease in monthly revenue for the company in 2025, indicating potential impacts from market demand fluctuations or adjustments in shipping schedules during specific months.
Cumulative Revenue Maintains Positive Growth, Annual Increase of 5.73%
Despite the decline in April's monthly revenue, Huasheng-KY's cumulative revenue from January to April 2025 still showed positive growth. According to the announcement data, the company's total consolidated revenue for the first four months of this year was NT$602,109 thousand (approximately NT$602.11 million), an increase of NT$32,620 thousand compared to NT$569,489 thousand in the same period last year, representing an annual increase of 5.73%. This indicates that the company's operational performance in the first quarter and early April remains resilient, maintaining overall revenue growth momentum despite underperformance in certain months.
First Quarter Financial Report Reveals Stable Operational Foundation
Further examination of Huasheng-KY's consolidated financial report for the first quarter of 2025, announced on May 10, reveals a stable operational foundation. The company's cumulative revenue for the first quarter of 2025 (January 1 to March 31) was NT$455,659 thousand, with a gross profit of NT$144,669 thousand, operating profit of NT$59,116 thousand, pre-tax net income of NT$62,508 thousand, and net income attributable to the parent company's owners of NT$54,933 thousand, resulting in basic earnings per share of NT$1.27.
Additionally, the total assets at the end of the period were NT$2,885,997 thousand, and total liabilities were NT$1,260,105 thousand, indicating a stable asset structure and strong financial health supporting its operational activities.
Revenue Changes Reflect Industry Cycles and Shipping Schedules
The revenue changes of Huasheng-KY, particularly the annual decrease in April, may be related to industry cyclical fluctuations, customer order scheduling, or adjustments in shipping schedules. Although the company did not specify the exact reasons in the announcement, the data suggests that the decline in monthly revenue did not significantly impact overall revenue performance, as cumulative revenue still maintained positive growth, demonstrating a certain level of resilience in its business operations.
