Dong Fang Offshore 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	10,461	6,818	4,934	2,634	1,027
Revenue Growth (YoY)	53.42%	38.18%	87.37%	156.35%	-
Cost of Revenue	7,864	5,008	3,503	1,832	798.82
Gross Profit	2,597	1,810	1,431	801.96	228.52
Selling, General & Admin	305.38	281.3	140.37	54.63	25.46
Operating Expenses	306.01	281.77	140.37	54.63	25.46
Operating Income	2,291	1,529	1,291	747.33	203.06
Interest Expense	-49.96	-39.5	-40.49	-68.2	-0.21
Interest & Investment Income	55.73	35.23	16.31	1.84	0.02
Currency Exchange Gain (Loss)	-77.22	29.87	-8.11	-81.98	-1.42
Other Non Operating Income (Expenses)	0.37	1.22	-0.58	0.8	0.31
EBT Excluding Unusual Items	2,220	1,555	1,258	599.79	201.77
Gain (Loss) on Sale of Assets	23.78	-	-	-0.17	0.16
Other Unusual Items	-	0	-	-	-
Pretax Income	2,244	1,555	1,258	599.62	201.92
Income Tax Expense	476.97	340.33	269.07	120.19	40.4
Net Income	1,767	1,215	988.91	479.43	161.52
Net Income to Common	1,767	1,215	988.91	479.43	161.52
Net Income Growth	45.42%	22.87%	106.27%	196.82%	-
Shares Outstanding (Basic)	159	153	142	109	7
Shares Outstanding (Diluted)	161	154	143	109	7
Shares Change (YoY)	4.68%	8.06%	30.56%	1395.16%	-
EPS (Basic)	11.11	7.94	6.96	4.41	22.61
EPS (Diluted)	10.95	7.88	6.93	4.39	22.10
EPS Growth	38.96%	13.71%	57.86%	-80.14%	-
Free Cash Flow	-3,681	460.76	943.05	-1,474	207.11
Free Cash Flow Per Share	-22.81	2.99	6.61	-13.49	28.34
Dividend Per Share	-	2.000	1.000	0.600	1.440
Dividend Growth	-	100.00%	66.67%	-58.33%	-
Gross Margin	24.83%	26.55%	29.00%	30.45%	22.24%
Operating Margin	21.90%	22.42%	26.16%	28.38%	19.77%
Profit Margin	16.89%	17.82%	20.04%	18.20%	15.72%
Free Cash Flow Margin	-35.19%	6.76%	19.11%	-55.97%	20.16%
EBITDA	2,581	1,795	1,491	911.51	209.53
EBITDA Margin	24.68%	26.33%	30.21%	34.61%	20.40%
D&A For EBITDA	290.11	266.65	200.1	164.18	6.47
EBIT	2,291	1,529	1,291	747.33	203.06
EBIT Margin	21.90%	22.42%	26.16%	28.38%	19.77%
Effective Tax Rate	21.26%	21.88%	21.39%	20.04%	20.01%
Advertising Expenses	-	-	-	0.41	-

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