Formosa Oilseed Processing Co., Ltd. (TPE:1225)

TPE:1225 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	12,301	12,858	14,541	15,274	13,104	10,213
Other Revenue	0.96	1	2.68	0.82	-	-
Revenue	12,302	12,859	14,544	15,274	13,104	10,213
Revenue Growth (YoY)	-6.72%	-11.58%	-4.78%	16.56%	28.30%	-4.07%
Cost of Revenue	11,207	11,793	13,483	14,305	11,969	9,143
Gross Profit	1,095	1,066	1,061	969.27	1,135	1,070
Selling, General & Admin	610.36	598.39	598.8	601.37	590.45	573.48
Research & Development	42.94	43.26	41.89	38.58	36.72	35.12
Other Operating Expenses	-0.02	2.1	-0.38	1.51	0.03	0.31
Operating Expenses	656.52	642.12	640.32	640.43	626.32	605.21
Operating Income	438.38	424.11	420.28	328.84	508.94	465.21
Interest Expense	-87.9	-77.61	-74.75	-54.9	-25.34	-28.69
Interest & Investment Income	12.24	10.22	6.92	3.7	3.98	10.66
Earnings From Equity Investments	63.52	53.67	53.55	57.23	42.02	39.66
Currency Exchange Gain (Loss)	16.81	-	-	51.45	39.49	26.6
Other Non Operating Income (Expenses)	25.46	40.04	41.29	3.45	5.57	6.78
EBT Excluding Unusual Items	468.52	450.42	447.29	389.76	574.65	520.22
Gain (Loss) on Sale of Assets	0.37	-	-	0.52	0.06	0.6
Asset Writedown	56.04	51	42.79	31.45	21.84	42.35
Other Unusual Items	2.08	-	-	-	-	-
Pretax Income	527.01	501.42	490.08	421.73	596.55	563.17
Income Tax Expense	120.79	108.95	80.88	74.58	109.7	145.39
Earnings From Continuing Operations	406.22	392.47	409.2	347.15	486.85	417.79
Minority Interest in Earnings	-66.02	-48.49	-41.32	21.85	-33.74	-42.03
Net Income	340.21	343.99	367.88	368.99	453.11	375.76
Net Income to Common	340.21	343.99	367.88	368.99	453.11	375.76
Net Income Growth	-16.84%	-6.49%	-0.30%	-18.57%	20.59%	10.84%
Shares Outstanding (Basic)	242	242	242	242	242	242
Shares Outstanding (Diluted)	243	243	242	242	243	243
Shares Change (YoY)	0.11%	0.02%	-0.01%	-0.03%	-0.02%	0.02%
EPS (Basic)	1.40	1.42	1.52	1.52	1.87	1.55
EPS (Diluted)	1.40	1.42	1.52	1.52	1.87	1.55
EPS Growth	-16.96%	-6.38%	-0.43%	-18.50%	20.48%	10.85%
Free Cash Flow	875.48	870.02	939.04	-226.82	-928.66	86.31
Free Cash Flow Per Share	3.61	3.59	3.87	-0.94	-3.83	0.36
Dividend Per Share	0.133	0.133	1.327	1.354	1.444	1.264
Dividend Growth	-90.00%	-90.00%	-2.00%	-6.25%	14.29%	7.69%
Gross Margin	8.90%	8.29%	7.29%	6.35%	8.66%	10.48%
Operating Margin	3.56%	3.30%	2.89%	2.15%	3.88%	4.55%
Profit Margin	2.77%	2.67%	2.53%	2.42%	3.46%	3.68%
Free Cash Flow Margin	7.12%	6.77%	6.46%	-1.49%	-7.09%	0.84%
EBITDA	631.95	609.62	597.77	490.47	623.45	579.88
EBITDA Margin	5.14%	4.74%	4.11%	3.21%	4.76%	5.68%
D&A For EBITDA	193.57	185.52	177.48	161.64	114.5	114.67
EBIT	438.38	424.11	420.28	328.84	508.94	465.21
EBIT Margin	3.56%	3.30%	2.89%	2.15%	3.88%	4.55%
Effective Tax Rate	22.92%	21.73%	16.50%	17.68%	18.39%	25.81%
Revenue as Reported	12,302	12,859	14,544	15,274	13,104	10,213

Source: S&P Global Market Intelligence. Standard template. Financial Sources.