Hsing Ta Cement Co.,Ltd Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,432	4,656	6,260	6,388	7,378
Revenue Growth (YoY)	-4.83%	-25.62%	-2.01%	-13.42%	-2.83%
Cost of Revenue	3,723	3,665	4,919	5,139	5,175
Gross Profit	708.43	991.65	1,341	1,250	2,203
Selling, General & Admin	283.45	330.14	352.33	338.48	442.59
Operating Expenses	285.29	340.28	351.78	338.61	445.39
Operating Income	423.14	651.36	989.29	911.14	1,758
Interest Expense	-1.97	-2.12	-1.29	-0.87	-0.38
Interest & Investment Income	47.05	61.44	62.24	51.57	25.93
Currency Exchange Gain (Loss)	-7.09	24.06	-12.49	12.38	-1.27
Other Non Operating Income (Expenses)	25.12	11.72	10.65	18.99	16.72
EBT Excluding Unusual Items	486.26	746.47	1,048	993.2	1,799
Gain (Loss) on Sale of Investments	62.57	-31.15	70.9	0.14	36.17
Gain (Loss) on Sale of Assets	-12.53	-3.6	-7.68	-1.14	4.24
Asset Writedown	-7.23	-	-	-	-
Other Unusual Items	-	-	-	0.55	0.01
Pretax Income	529.07	711.72	1,112	992.75	1,839
Income Tax Expense	146.79	187.44	304.03	475.02	626.18
Earnings From Continuing Operations	382.27	524.28	807.59	517.74	1,213
Minority Interest in Earnings	-31.11	-54.88	-121.7	-118.57	-349.93
Net Income	351.16	469.4	685.88	399.17	862.86
Net Income to Common	351.16	469.4	685.88	399.17	862.86
Net Income Growth	-25.19%	-31.56%	71.83%	-53.74%	-14.06%
Shares Outstanding (Basic)	341	341	341	342	342
Shares Outstanding (Diluted)	342	342	342	343	343
Shares Change (YoY)	-0.05%	-0.06%	-0.13%	-0.15%	-0.06%
EPS (Basic)	1.03	1.38	2.01	1.17	2.52
EPS (Diluted)	1.03	1.37	2.00	1.16	2.51
EPS Growth	-24.87%	-31.50%	72.41%	-53.79%	-14.04%
Free Cash Flow	528.31	191.49	491.49	1,241	1,016
Free Cash Flow Per Share	1.54	0.56	1.44	3.62	2.96
Dividend Per Share	0.900	0.900	1.200	0.800	1.500
Dividend Growth	-	-25.00%	50.00%	-46.67%	-
Gross Margin	15.99%	21.30%	21.42%	19.56%	29.86%
Operating Margin	9.55%	13.99%	15.80%	14.26%	23.82%
Profit Margin	7.92%	10.08%	10.96%	6.25%	11.70%
Free Cash Flow Margin	11.92%	4.11%	7.85%	19.43%	13.77%
EBITDA	722.57	945.43	1,286	1,212	2,063
EBITDA Margin	16.30%	20.30%	20.55%	18.97%	27.96%
D&A For EBITDA	299.42	294.07	297.07	300.55	305.72
EBIT	423.14	651.36	989.29	911.14	1,758
EBIT Margin	9.55%	13.99%	15.80%	14.26%	23.82%
Effective Tax Rate	27.75%	26.34%	27.35%	47.85%	34.05%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.