Dong Fang Offshore Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	9,961	6,890	4,934	2,634	1,027
Revenue Growth (YoY)	53.89%	39.63%	87.37%	156.35%	-
Cost of Revenue	7,385	5,058	3,503	1,832	798.82
Gross Profit	2,576	1,832	1,431	801.96	228.52
Selling, General & Admin	297.84	281.45	140.37	54.63	25.46
Operating Expenses	298.28	281.91	140.37	54.63	25.46
Operating Income	2,278	1,551	1,291	747.33	203.06
Interest Expense	-48.56	-39.5	-40.49	-68.2	-0.21
Interest & Investment Income	53.57	35.23	16.31	1.84	0.02
Currency Exchange Gain (Loss)	29.87	29.87	-8.11	-81.98	-1.42
Other Non Operating Income (Expenses)	-134.98	1.22	-0.58	0.8	0.31
EBT Excluding Unusual Items	2,178	1,577	1,258	599.79	201.77
Gain (Loss) on Sale of Assets	-	-	-	-0.17	0.16
Other Unusual Items	0	0	-	-	-
Pretax Income	2,178	1,577	1,258	599.62	201.92
Income Tax Expense	479.77	348.4	269.07	120.19	40.4
Net Income	1,698	1,229	988.91	479.43	161.52
Net Income to Common	1,698	1,229	988.91	479.43	161.52
Net Income Growth	46.96%	24.27%	106.27%	196.82%	-
Shares Outstanding (Basic)	157	153	142	109	7
Shares Outstanding (Diluted)	159	154	143	109	7
Shares Change (YoY)	5.45%	8.17%	30.56%	1395.16%	-
EPS (Basic)	10.84	8.04	6.96	4.41	22.61
EPS (Diluted)	10.66	7.96	6.93	4.39	22.10
EPS Growth	39.35%	14.86%	57.86%	-80.14%	-
Free Cash Flow	-119.34	460.76	943.05	-1,474	207.11
Free Cash Flow Per Share	-0.75	2.99	6.61	-13.49	28.34
Dividend Per Share	2.000	2.000	1.000	0.600	1.440
Dividend Growth	100.00%	100.00%	66.67%	-58.33%	-
Gross Margin	25.86%	26.60%	29.00%	30.45%	22.24%
Operating Margin	22.87%	22.50%	26.16%	28.38%	19.77%
Profit Margin	17.04%	17.84%	20.04%	18.20%	15.72%
Free Cash Flow Margin	-1.20%	6.69%	19.11%	-55.97%	20.16%
EBITDA	2,562	1,817	1,491	911.51	209.53
EBITDA Margin	25.72%	26.37%	30.21%	34.61%	20.40%
D&A For EBITDA	283.97	266.65	200.1	164.18	6.47
EBIT	2,278	1,551	1,291	747.33	203.06
EBIT Margin	22.87%	22.50%	26.16%	28.38%	19.77%
Effective Tax Rate	22.03%	22.09%	21.39%	20.04%	20.01%
Advertising Expenses	-	2.48	-	0.41	-

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