Generalplus Technology (4952) Q2 2025 earnings summary

Executive summary

• Operating revenue for the six months ended June 30, 2025 was NT$1,191,202 thousand, down 10.8% year-over-year from NT$1,334,781 thousand.

• Net profit for the six months ended June 30, 2025 was NT$101,938 thousand, a 43.4% decrease from NT$180,111 thousand year-over-year.

• Gross margin remained stable at 36% for the six months ended June 30, 2025, compared to 39% in the prior year.

• Earnings per share for the six months ended June 30, 2025 were NT$0.94 basic and NT$0.93 diluted, compared to NT$1.66 and NT$1.65, respectively, in the prior year.

Financial highlights

• Total assets as of June 30, 2025 were NT$3,067,527 thousand, down from NT$3,275,995 thousand as of June 30, 2024.

• Cash and cash equivalents increased to NT$1,030,475 thousand as of June 30, 2025 from NT$874,576 thousand at December 31, 2024.

• Operating expenses for the six months ended June 30, 2025 were NT$318,896 thousand, down from NT$357,016 thousand year-over-year.

• Net cash inflow from operating activities for the six months ended June 30, 2025 was NT$21,164 thousand, compared to NT$156,131 thousand in the prior year.

• Dividend per share for 2024 was NT$2.25, up from NT$1.30 for 2023.

Outlook and guidance

• Management continues to monitor the impact of U.S. countervailing tariff measures on cash flow projections, growth rates, and profitability.

• The company is assessing the impact of new and revised IFRS standards effective in 2026 and 2027 on its financial position and performance.