Tung Ho Textile 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	468.04	523.86	566.66	688.94	809.71
Revenue Growth (YoY)	-10.66%	-7.55%	-17.75%	-14.92%	15.27%
Cost of Revenue	406.52	456.81	525.97	523.14	624.9
Gross Profit	61.52	67.05	40.69	165.8	184.82
Selling, General & Admin	67.29	70.42	62.94	72.93	69.53
Research & Development	10.06	12.58	15.05	12.01	12.99
Operating Expenses	77.41	83	77.99	84.94	82.52
Operating Income	-15.89	-15.95	-37.29	80.86	102.29
Interest Expense	-7.73	-10.38	-12.8	-6.61	-5.92
Interest & Investment Income	0.98	52.7	46.61	39.11	39.48
Currency Exchange Gain (Loss)	-	2.94	2.74	6.88	-2.04
Other Non Operating Income (Expenses)	70.07	15.81	9.86	14.38	24.47
EBT Excluding Unusual Items	47.43	45.12	9.13	134.62	158.29
Gain (Loss) on Sale of Investments	-	13.25	17.51	-10.38	0.87
Gain (Loss) on Sale of Assets	-	0.2	-	0.28	-
Pretax Income	47.43	58.57	26.64	124.52	159.16
Income Tax Expense	5.23	1.9	-6.21	20.16	16.66
Net Income	42.2	56.67	32.85	104.36	142.5
Net Income to Common	42.2	56.67	32.85	104.36	142.5
Net Income Growth	-25.54%	72.50%	-68.52%	-26.77%	143.23%
Shares Outstanding (Basic)	222	198	198	198	198
Shares Outstanding (Diluted)	222	198	198	198	198
Shares Change (YoY)	12.13%	-0.02%	-0.18%	0.11%	0.06%
EPS (Basic)	0.19	0.29	0.17	0.53	0.72
EPS (Diluted)	0.19	0.29	0.17	0.52	0.72
EPS Growth	-33.61%	72.50%	-68.23%	-27.44%	143.23%
Free Cash Flow	186.93	118.24	43.93	98.12	179.54
Free Cash Flow Per Share	0.84	0.60	0.22	0.49	0.91
Dividend Per Share	-	0.256	0.278	0.356	0.598
Dividend Growth	-	-7.99%	-21.88%	-40.52%	118.73%
Gross Margin	13.14%	12.80%	7.18%	24.07%	22.82%
Operating Margin	-3.40%	-3.04%	-6.58%	11.74%	12.63%
Profit Margin	9.02%	10.82%	5.80%	15.15%	17.60%
Free Cash Flow Margin	39.94%	22.57%	7.75%	14.24%	22.17%
EBITDA	27.28	29.87	10.03	136.97	164.17
EBITDA Margin	5.83%	5.70%	1.77%	19.88%	20.28%
D&A For EBITDA	43.17	45.83	47.32	56.11	61.88
EBIT	-15.89	-15.95	-37.29	80.86	102.29
EBIT Margin	-3.40%	-3.04%	-6.58%	11.74%	12.63%
Effective Tax Rate	11.03%	3.24%	-	16.19%	10.47%
Revenue as Reported	468.04	523.86	566.66	688.94	809.71

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