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Chang Wah Electromaterials (par value NT$1 per share) Board of Directors Meeting Resolutions
Issued by: Chang Wah Electromaterials Inc.
Issued on: November 5, 2025
Chang Wah Electromaterials Inc. (Chang Wah*, 8070) held its Board of Directors meeting today, during which the Board approved several important resolutions, including the declaration of a cash dividend of NT$0.71 per share for the first half of 2025, higher than the NT$0.70 per share distributed for the same period in 2024.
The Board also approved the reviewed consolidated financial statements for the third quarter and the first three quarters of 2025. For the nine-month period, consolidated revenue totaled NT$14,241 million, gross margin was 19%, net profit attributable to owners of the Corporation was NT$1,050 million, and after-tax earnings per share (EPS) amounted to NT$1.49.
2025 First-Half Earnings Distribution Plan
According to the Board resolution, Chang Wah plans to distribute a cash dividend of NT$0.71 per share for the first half of 2025. The ex-dividend trading date is December 18, 2025, and the record date is December 26, 2025. The book closure period for common shares will be from December 22 to December 26, and the dividend payment date is set for January 16, 2026. This proposal, approved by the Board, will be submitted to the 2026 Annual Shareholders' Meeting.
Although the rapid appreciation of the New Taiwan dollar in the second quarter led to significant foreign exchange losses that weighed on overall profitability, resulting in first-half net profit attributable to owners of the Corporation of NT$442 million, down 46% year-over-year, with an after-tax EPS of NT$0.63, the Company remains committed to its principle of prudent management and consistent shareholder returns. The Board's decision to distribute a cash dividend of NT$0.71 per share, exceeding the NT$0.70 per share distributed for the same period last year, underscores the Company's determination to maintain stable profitability and enhance shareholder returns. The Company stated that its prudent investment strategies have generated strong investment income. Going forward, Chang Wah will continue to flexibly utilize such investment gains as one of the sources for dividend funding to sustain a stable dividend policy and further strengthen shareholder returns.
Consolidated Financial Results for the First Three Quarters of 2025
The Board also approved the consolidated financial statements for the first three quarters of 2025. Driven by robust demand from consumer electronics, network communications, and industrial control applications, sales of EME and lead frame products increased compared with the same period last year. Consolidated revenue for the first three quarters reached NT$14,241 million, up 12% year-over-year, with a gross margin of 19%, representing a one-percentage-point decline from the previous year. Due to higher foreign exchange losses, profitability decreased year-over-year, with net profit attributable to owners of the Corporation amounting to NT$1,050 million, down 16%, and an after-tax EPS of NT$1.49 (based on a par value of NT$1 per share).
For the third quarter alone, consolidated revenue was NT$4,990 million, up 5% quarter-over-quarter and 12% year-over-year. Supported by higher revenue scale, an optimized product mix, and favorable pricing adjustments, both gross profit and operating income posted sequential growth. Net profit attributable to owners of the Corporation was NT$608 million, surging 453% quarter-over-quarter and 38% year-over-year, with an EPS of NT$0.86 (based on a par value of NT$1 per share).
For detailed financial information, please refer to the table below or visit the Company's official website:https://www.cwei.com.tw/
Unit: NT$ Million
| Period | Q3 2025 | Q2 2025 | Q3 2024 | QoQ | YoY |
|---|---|---|---|---|---|
| Consolidated revenue | 4,990 | 4,747 | 4,466 | 5% | 12% |
| Gross profit | 964 | 834 | 1,009 | 16% | -4% |
| Gross margin | 19% | 18% | 23% | +1 ppt | -4 ppt |
| Profit from operations | 573 | 527 | 580 | 9% | -1% |
| Operating margin | 11% | 11% | 13% | - | -2 ppt |
| Profit before income tax | 1,033 | 13 | 761 | 689% | 36% |
|
Net profit attributable to owners of the Corporation |
608 | 110 | 439 | 453% | 38% |
| After-tax EPS (NT$) | 0.86 | 0.16 | 0.63 | 438% | 37% |
Note: The number of shares outstanding at the end of the period was 725,648 thousand shares.
Unit: NT$ Million
| Period | Q3 2025 | Q3 2024 | YoY |
|---|---|---|---|
| Consolidated revenue | 14,241 | 12,739 | 12% |
| Gross profit | 2,649 | 2,615 | 1% |
| Gross margin | 19% | 20% | -1 ppt |
| Profit from operations | 1,596 | 1,453 | 10% |
| Operating margin | 11% | 11% | - |
| Profit before income tax | 1,840 | 2,298 | -20% |
| Net profit attributable to owners of the Corporation | 1,050 | 1,256 | -16% |
| After-tax EPS (NT$) | 1.49 | 1.84 | -19% |
Note: The number of shares outstanding at the end of the period was 725,648 thousand shares.