Chunghwa Precision Test Tech (6510) Q2 2025 earnings summary

Executive summary

• Net revenue for 2Q25 reached NT$1,215,735 thousand, up 68% year-over-year and 5% sequentially from 1Q25.

• EPS for 2Q25 was NT$6.57, up NT$4.53 year-over-year but slightly down NT$0.18 sequentially.

• Consolidated financial statements for the six months ended June 30, 2025, were reviewed by independent auditors, who found no material misstatements.

• The group operates in semiconductor testing, PCB production, and electronic product marketing, with a global presence and subsidiaries in the US, Japan, and China.

Financial highlights

• Net revenue for H1 2025 was NT$2,368,109 thousand, up 69% year-over-year from NT$1,398,470 thousand.

• Net income for H1 2025 was NT$431,023 thousand, a significant increase from NT$64,991 thousand in H1 2024.

• Gross margin improved to 55.8% in 2Q25, a 3.4 percentage point increase year-over-year.

• Basic EPS for H1 2025 was NT$13.32, up from NT$2.47 in H1 2024.

• Cash and cash equivalents at June 30, 2025, were NT$3,823,403 thousand, up from NT$2,876,384 thousand a year earlier.

Outlook and guidance

• The worldwide semiconductor market is projected to grow at a 9.8% CAGR from 2025 to 2029.

• The MEMS probe card market is expected to see a 9.7% CAGR over the same period.

• The company continues to monitor the impact of new IFRS standards, with no significant expected impact on financial condition.

• Management is focused on maintaining a balanced capital structure and maximizing shareholder returns.