Taiwan Styrene Monomer 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	8,674	11,423	9,541	12,854	11,714
Revenue Growth (YoY)	-24.07%	19.72%	-25.77%	9.73%	44.38%
Cost of Revenue	9,216	11,772	9,953	13,181	11,581
Gross Profit	-542.29	-348.82	-411.36	-326.87	132.91
Selling, General & Admin	179.49	203.16	198.64	208.09	216.38
Research & Development	0.53	0.32	0.43	2.33	2.31
Operating Expenses	180.03	203.5	199.15	210.32	218.59
Operating Income	-722.32	-552.32	-610.51	-537.19	-85.68
Interest Expense	-26.43	-22.69	-18.17	-7.54	-2.93
Interest & Investment Income	8.86	32.39	20.05	27.78	10.71
Earnings From Equity Investments	-49.72	-47.84	-14.94	1.51	40.48
Currency Exchange Gain (Loss)	-	-3.92	-2.44	24.47	6.45
Other Non Operating Income (Expenses)	25.63	7.37	10.04	31.65	22.59
EBT Excluding Unusual Items	-763.99	-587.01	-615.99	-459.33	-8.38
Gain (Loss) on Sale of Investments	-	103.92	18.39	-51.79	0.54
Gain (Loss) on Sale of Assets	-	-0.07	-0.1	133.44	1.34
Asset Writedown	-	0.65	14.61	-0.87	-0.14
Other Unusual Items	-	0.03	0.03	0.01	0.4
Pretax Income	-763.99	-482.48	-583.06	-378.55	-6.25
Income Tax Expense	-40.44	-98.87	-122.4	-46.42	-111.49
Earnings From Continuing Operations	-723.55	-383.61	-460.66	-332.13	105.24
Minority Interest in Earnings	-1.07	2.76	-1.53	-41.78	-0.64
Net Income	-724.62	-380.85	-462.18	-373.91	104.6
Net Income to Common	-724.62	-380.85	-462.18	-373.91	104.6
Net Income Growth	-	-	-	-	-63.62%
Shares Outstanding (Basic)	529	528	528	528	528
Shares Outstanding (Diluted)	529	528	528	528	528
Shares Change (YoY)	0.20%	-	-	0.02%	0.02%
EPS (Basic)	-1.37	-0.72	-0.88	-0.71	0.20
EPS (Diluted)	-1.37	-0.72	-0.88	-0.71	0.20
EPS Growth	-	-	-	-	-63.28%
Free Cash Flow	-117.7	-299.15	-374.81	-90.47	-554.24
Free Cash Flow Per Share	-0.22	-0.57	-0.71	-0.17	-1.05
Dividend Per Share	-	-	-	0.200	0.150
Dividend Growth	-	-	-	33.33%	-70.00%
Gross Margin	-6.25%	-3.05%	-4.31%	-2.54%	1.14%
Operating Margin	-8.33%	-4.83%	-6.40%	-4.18%	-0.73%
Profit Margin	-8.35%	-3.33%	-4.84%	-2.91%	0.89%
Free Cash Flow Margin	-1.36%	-2.62%	-3.93%	-0.70%	-4.73%
EBITDA	-452.58	-284.46	-339.46	-265.77	157.38
EBITDA Margin	-5.22%	-2.49%	-3.56%	-2.07%	1.34%
D&A For EBITDA	269.74	267.86	271.05	271.42	243.06
EBIT	-722.32	-552.32	-610.51	-537.19	-85.68
EBIT Margin	-8.33%	-4.83%	-6.40%	-4.18%	-0.73%

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