Tehmag Foods 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	6,779	6,806	5,838	5,341	4,948
Revenue Growth (YoY)	-0.40%	16.58%	9.31%	7.93%	13.10%
Cost of Revenue	4,596	4,603	3,903	3,497	3,155
Gross Profit	2,184	2,203	1,936	1,844	1,793
Selling, General & Admin	957.38	987.81	871.4	822.47	797.65
Research & Development	70.91	75.7	65.88	55.44	50.93
Operating Expenses	1,047	1,072	942.41	877.89	844.71
Operating Income	1,137	1,130	993.36	966.56	948.57
Interest Expense	-4.92	-5.9	-3.47	-3.91	-3.33
Interest & Investment Income	10.34	12.71	17.99	11.51	12.2
Earnings From Equity Investments	4.09	2.15	1.25	-0.69	-3.11
Currency Exchange Gain (Loss)	-0.37	8.38	-1.47	5.57	-2.07
Other Non Operating Income (Expenses)	14.38	17.5	5.55	-28.62	-1.42
EBT Excluding Unusual Items	1,160	1,165	1,013	950.43	950.85
Gain (Loss) on Sale of Investments	0.4	-	-	-	-
Gain (Loss) on Sale of Assets	-1.74	-0.6	-0.17	-3.51	-0.72
Pretax Income	1,159	1,165	1,013	946.91	950.13
Income Tax Expense	279.45	273.31	239.22	215.75	228.21
Earnings From Continuing Operations	879.54	891.42	773.83	731.16	721.92
Minority Interest in Earnings	-121.04	-130.02	-98.08	-97.98	-122.19
Net Income	758.5	761.41	675.76	633.18	599.73
Net Income to Common	758.5	761.41	675.76	633.18	599.73
Net Income Growth	-0.38%	12.68%	6.72%	5.58%	11.25%
Shares Outstanding (Basic)	37	37	37	37	37
Shares Outstanding (Diluted)	37	37	37	37	37
Shares Change (YoY)	0.02%	-0.01%	-0.00%	0.04%	-0.02%
EPS (Basic)	20.47	20.55	18.24	17.09	16.19
EPS (Diluted)	20.43	20.51	18.20	17.06	16.16
EPS Growth	-0.39%	12.69%	6.68%	5.57%	11.29%
Free Cash Flow	780.11	211.23	645.6	481.16	570.18
Free Cash Flow Per Share	21.01	5.69	17.39	12.96	15.36
Dividend Per Share	15.000	14.500	14.000	12.000	12.000
Dividend Growth	3.45%	3.57%	16.67%	-	10.00%
Gross Margin	32.21%	32.37%	33.16%	34.53%	36.24%
Operating Margin	16.77%	16.61%	17.01%	18.10%	19.17%
Profit Margin	11.19%	11.19%	11.57%	11.86%	12.12%
Free Cash Flow Margin	11.51%	3.10%	11.06%	9.01%	11.52%
EBITDA	1,187	1,176	1,043	1,018	997.41
EBITDA Margin	17.51%	17.28%	17.87%	19.05%	20.16%
D&A For EBITDA	50.56	45.57	49.99	51.13	48.84
EBIT	1,137	1,130	993.36	966.56	948.57
EBIT Margin	16.77%	16.61%	17.01%	18.10%	19.17%
Effective Tax Rate	24.11%	23.46%	23.61%	22.79%	24.02%

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