Kwong Fong Industries 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	360.15	333.51	295.86	249.39	236.93
Revenue Growth (YoY)	7.99%	12.72%	18.63%	5.26%	1063.14%
Cost of Revenue	229.15	211.74	188.22	182.85	165.46
Gross Profit	131	121.77	107.64	66.54	71.47
Selling, General & Admin	133.66	118.51	118.8	114.84	120.85
Operating Expenses	133.62	117.89	119.65	114.65	126.12
Operating Income	-2.62	3.87	-12.01	-48.11	-54.65
Interest Expense	-15.2	-13.61	-7.81	-9.77	-7.66
Interest & Investment Income	215.82	173.05	146.83	228.39	140.15
Currency Exchange Gain (Loss)	-62.53	46.26	0.89	-82.08	0.3
Other Non Operating Income (Expenses)	-1.6	-0.07	17.66	11.47	8.45
EBT Excluding Unusual Items	133.88	209.5	145.57	99.9	86.59
Gain (Loss) on Sale of Investments	38.91	14.24	0.03	-	-
Gain (Loss) on Sale of Assets	-0.33	-	3.04	6.75	-
Other Unusual Items	0.02	-	-	0.35	0.01
Pretax Income	172.49	223.74	148.64	107	86.61
Income Tax Expense	7.7	54.91	38.64	10.74	13.9
Earnings From Continuing Operations	164.79	168.83	110	96.26	72.71
Earnings From Discontinued Operations	-	-	-	-	8.56
Net Income to Company	164.79	168.83	110	96.26	81.26
Minority Interest in Earnings	-14.19	-21.9	-14.9	-1.79	0.6
Net Income	150.6	146.93	95.1	94.46	81.86
Net Income to Common	150.6	146.93	95.1	94.46	81.86
Net Income Growth	2.50%	54.50%	0.68%	15.39%	-
Shares Outstanding (Basic)	185	185	185	185	185
Shares Outstanding (Diluted)	185	185	185	185	185
Shares Change (YoY)	0.00%	-0.00%	0.00%	0.03%	0.00%
EPS (Basic)	0.81	0.79	0.51	0.51	0.44
EPS (Diluted)	0.81	0.79	0.51	0.51	0.44
EPS Growth	2.53%	54.90%	0.07%	16.85%	-
Free Cash Flow	171.36	211.79	253.76	154.59	193.13
Free Cash Flow Per Share	0.92	1.14	1.37	0.83	1.04
Dividend Per Share	0.570	0.560	0.500	0.500	0.500
Dividend Growth	1.79%	12.00%	-	-	-
Gross Margin	36.37%	36.51%	36.38%	26.68%	30.16%
Operating Margin	-0.73%	1.16%	-4.06%	-19.29%	-23.06%
Profit Margin	41.82%	44.06%	32.15%	37.88%	34.55%
Free Cash Flow Margin	47.58%	63.50%	85.77%	61.99%	81.51%
EBITDA	2.47	9.89	-3.79	-38.6	-45.05
EBITDA Margin	0.69%	2.96%	-1.28%	-15.48%	-19.01%
D&A For EBITDA	5.09	6.02	8.22	9.51	9.6
EBIT	-2.62	3.87	-12.01	-48.11	-54.65
EBIT Margin	-0.73%	1.16%	-4.06%	-19.29%	-23.06%
Effective Tax Rate	4.47%	24.54%	26.00%	10.04%	16.05%

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