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Chang Wah Electromaterials (par value of NT$1 per share) Board of Directors Meeting Resolutions
Issued by: Chang Wah Electromaterials Inc.
Issued on: May 7, 2025
Chang Wah Electromaterials (Chang Wah*, 8070) held a Board of Directors meeting on May 7, during which the Board approved the Company's consolidated financial statements for the first quarter of 2025, as reviewed by independent auditors. For the quarter, consolidated revenue totaled NT$4,504 million, gross margin was 19%, and net profit attributable to owners of the parent reached NT$332 million. Based on a par value of NT$1 per share, earnings per share (EPS) after tax came in at NT$0.47, representing a return equivalent to 0.47 times the share capital.
Revenue in the first quarter increased to NT$4,504 million, supported by stronger-than-expected customer demand. This represented a 0.3% rise from the previous quarter and a 12% increase year-on-year. The gross margin stood at 19%, a slight decline from the previous quarter due to higher raw material costs at subsidiaries, but an improvement from the same period last year. Due to lower non-operating income, net profit attributable to owners of the parent was NT$332 million, down 1% quarter-on-quarter but up 4% year-on-year. EPS for the quarter remained at NT$0.47, 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
Item/Period | Q1 2025 | Q4 2024 | Q1 2024 | QoQ | YoY |
---|---|---|---|---|---|
Consolidated revenue | 4,504 | 4,492 | 4,019 | 0.3% | 12% |
Gross profit | 850 | 890 | 727 | -4% | 17% |
Gross margin | 19% | 20% | 18% | - 1 ppt | + 1 ppt |
Profit from operations |
495 | 471 | 387 | 5% | 28% |
Operating margin | 11% | 10% | 10% | + 1 ppt | + 1 ppt |
Profit before income tax |
675 | 728 | 685 | -7% | -1% |
Net profit attributable to owners of the Corporation |
332 | 336 | 320 | -1% | 4% |
After-tax EPS(NT$) | 0.47 | 0.48 | 0.48 | -2% | -2% |