Luhai Holding 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	2,979	3,126	2,592	3,040	3,398
Revenue Growth (YoY)	-4.72%	20.59%	-14.73%	-10.51%	30.56%
Cost of Revenue	2,363	2,434	2,060	2,376	2,552
Gross Profit	615.28	692.7	532.61	664.58	846
Selling, General & Admin	296.37	316.38	304.4	309.43	341.71
Research & Development	64.87	54.21	38.91	24.03	31.88
Operating Expenses	360.6	369.94	343.12	330.57	374.45
Operating Income	254.68	322.76	189.49	334	471.55
Interest Expense	-29.03	-40.62	-42.43	-27.3	-11.5
Interest & Investment Income	12.41	15.99	15.93	12.66	11.26
Currency Exchange Gain (Loss)	-6.95	-6.5	-9.99	-69.79	24.55
Other Non Operating Income (Expenses)	29.16	57.45	28.39	103.39	60.43
EBT Excluding Unusual Items	260.27	349.09	181.39	352.96	556.3
Gain (Loss) on Sale of Investments	-	-	-	1.03	4.46
Gain (Loss) on Sale of Assets	-1.06	-0.93	1.31	-3.61	2.96
Asset Writedown	-	-1.89	-	-	-6.85
Other Unusual Items	-	-	143.05	-	-
Pretax Income	259.22	346.26	325.75	350.38	556.87
Income Tax Expense	93.89	132.74	150.72	123.52	157.57
Earnings From Continuing Operations	165.32	213.52	175.03	226.86	399.29
Minority Interest in Earnings	-0.16	-	-	-	-
Net Income	165.16	213.52	175.03	226.86	399.29
Net Income to Common	165.16	213.52	175.03	226.86	399.29
Net Income Growth	-22.65%	21.99%	-22.85%	-43.18%	-32.87%
Shares Outstanding (Basic)	104	104	104	104	104
Shares Outstanding (Diluted)	105	104	104	105	105
Shares Change (YoY)	0.00%	0.01%	-0.04%	-0.08%	-0.09%
EPS (Basic)	1.58	2.05	1.68	2.17	3.83
EPS (Diluted)	1.58	2.04	1.68	2.17	3.82
EPS Growth	-22.55%	21.65%	-22.77%	-43.14%	-32.72%
Free Cash Flow	154.93	101.11	32.47	315.42	-131.64
Free Cash Flow Per Share	1.48	0.97	0.31	3.02	-1.26
Dividend Per Share	1.200	1.500	0.952	1.238	1.905
Dividend Growth	-20.00%	57.50%	-23.08%	-35.00%	46.67%
Gross Margin	20.66%	22.16%	20.54%	21.86%	24.90%
Operating Margin	8.55%	10.32%	7.31%	10.98%	13.88%
Profit Margin	5.54%	6.83%	6.75%	7.46%	11.75%
Free Cash Flow Margin	5.20%	3.23%	1.25%	10.37%	-3.88%
EBITDA	480.69	547.03	389	515.59	602.51
EBITDA Margin	16.14%	17.50%	15.00%	16.96%	17.73%
D&A For EBITDA	226.01	224.26	199.52	181.58	130.95
EBIT	254.68	322.76	189.49	334	471.55
EBIT Margin	8.55%	10.32%	7.31%	10.98%	13.88%
Effective Tax Rate	36.22%	38.34%	46.27%	35.25%	28.30%

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