Sunlord (3023-TW), a major electronics components manufacturer, announced its second-quarter financial results today (23rd). Post-tax net profit reached NT$903 million, up 4.44% quarter-on-quarter and 19.02% year-on-year, with earnings per share (EPS) at NT$3.76. For the first half of the year, cumulative post-tax net profit totaled NT$1.768 billion, a 5.05% year-on-year increase, with EPS at NT$7.36.

Sunlord's Q2 revenue reached NT$9.019 billion, up 8.75% quarter-on-quarter and 16.58% year-on-year. Gross margin stood at 24.54%, up 0.03 percentage points from the previous quarter but down 0.17 points year-on-year. Operating profit was NT$939 million, down 1.76% quarter-on-quarter but up 7.78% year-on-year. Operating margin was 10.41%, down 1.12 percentage points from last quarter and 0.85 points from the same period last year.

The company attributed the improved gross margin to an optimized product mix and increased industrial application revenue. However, it noted that strategic investments were expanded in Q2—such as salary adjustments, market expansion, new product R&D, and logistics costs—leading to higher operating expense ratios.

On the non-operating side, while financial asset valuation gains declined due to market volatility compared to the previous quarter, tax rebates from R&D deductions at overseas subsidiaries helped maintain robust overall profitability.

For the first half, total revenue was NT$17.311 billion, up 8.91% year-on-year. Gross margin was 24.53% (down 0.08 points annually), operating profit was NT$1.895 billion (down 2.02% annually), and operating margin was 10.95% (down 1.22 points annually).

Today’s board meeting also approved the full disposal of its equity stake in Jufeng Technology. Based on accounting standards, the investment gain will be directly recognized in retained earnings under shareholders’ equity, increasing retained earnings by approximately NT$589 million and further optimizing the company’s financial structure.

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  • Source: PR Times
  • Category: News