Tang Eng Iron Works 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	10,857	12,189	10,707	14,021	16,813	10,829
Revenue Growth (YoY)	-1.57%	13.85%	-23.64%	-16.60%	55.26%	-12.32%
Cost of Revenue	12,056	12,680	11,571	14,015	14,841	11,289
Gross Profit	-1,199	-490.14	-864.32	5.91	1,972	-460.13
Selling, General & Admin	297.83	299.56	269.16	281.18	344.42	287.13
Research & Development	8.65	8.86	9.03	10.98	16.28	29.73
Operating Expenses	306.48	308.42	278.19	292.15	360.71	316.87
Operating Income	-1,505	-798.56	-1,143	-286.24	1,611	-777
Interest Expense	-197.05	-166.11	-134.65	-99.17	-85.85	-92.68
Interest & Investment Income	6.98	7.39	12.12	14.8	3.14	7.12
Earnings From Equity Investments	-3.5	4.5	-45.88	-15.64	-102.35	3.62
Currency Exchange Gain (Loss)	9.61	10.02	30.94	69.4	41.21	17.64
Other Non Operating Income (Expenses)	166.42	173.77	155.06	132.02	119.16	172.56
EBT Excluding Unusual Items	-1,523	-768.99	-1,125	-184.82	1,587	-668.74
Merger & Restructuring Charges	-60	-	-	-	-	-
Gain (Loss) on Sale of Assets	-0.91	-2.75	-0.41	-0.79	-0.28	-0.82
Legal Settlements	-	-	-	-39.34	-	-
Other Unusual Items	-	-	-	-	-	11.98
Pretax Income	-1,584	-771.74	-1,125	-224.95	1,586	-657.58
Income Tax Expense	-	-	-	-	-	8.1
Earnings From Continuing Operations	-1,584	-771.74	-1,125	-224.95	1,586	-665.67
Net Income	-1,584	-771.74	-1,125	-224.95	1,586	-665.67
Net Income to Common	-1,584	-771.74	-1,125	-224.95	1,586	-665.67
Shares Outstanding (Basic)	350	350	350	350	350	350
Shares Outstanding (Diluted)	350	350	350	350	350	350
EPS (Basic)	-4.52	-2.20	-3.22	-0.64	4.53	-1.90
EPS (Diluted)	-4.52	-2.20	-3.22	-0.64	4.53	-1.90
Free Cash Flow	-905.48	-1,912	-873.1	1,480	303.28	200.69
Free Cash Flow Per Share	-2.59	-5.46	-2.50	4.23	0.87	0.57
Gross Margin	-11.04%	-4.02%	-8.07%	0.04%	11.73%	-4.25%
Operating Margin	-13.86%	-6.55%	-10.67%	-2.04%	9.58%	-7.17%
Profit Margin	-14.59%	-6.33%	-10.51%	-1.60%	9.44%	-6.15%
Free Cash Flow Margin	-8.34%	-15.68%	-8.15%	10.56%	1.80%	1.85%
EBITDA	-1,277	-578.11	-944.77	-84.38	1,828	-557.59
EBITDA Margin	-11.76%	-4.74%	-8.82%	-0.60%	10.87%	-5.15%
D&A For EBITDA	228.2	220.45	197.74	201.86	216.91	219.41
EBIT	-1,505	-798.56	-1,143	-286.24	1,611	-777
EBIT Margin	-13.86%	-6.55%	-10.67%	-2.04%	9.58%	-7.17%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.