Tang Eng Iron Works 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	9,602	12,189	10,707	14,021	16,813
Revenue Growth (YoY)	-21.22%	13.85%	-23.64%	-16.60%	55.26%
Cost of Revenue	10,855	12,680	11,571	14,015	14,841
Gross Profit	-1,252	-490.14	-864.32	5.91	1,972
Selling, General & Admin	291.26	299.56	269.16	281.18	344.42
Research & Development	8.38	8.86	9.03	10.98	16.28
Operating Expenses	299.64	308.42	278.19	292.15	360.71
Operating Income	-1,552	-798.56	-1,143	-286.24	1,611
Interest Expense	-203.09	-166.11	-134.65	-99.17	-85.85
Interest & Investment Income	8.71	7.39	12.12	14.8	3.14
Earnings From Equity Investments	2.59	4.5	-45.88	-15.64	-102.35
Currency Exchange Gain (Loss)	9.61	10.02	30.94	69.4	41.21
Other Non Operating Income (Expenses)	82.4	173.77	155.06	132.02	119.16
EBT Excluding Unusual Items	-1,652	-768.99	-1,125	-184.82	1,587
Gain (Loss) on Sale of Assets	-0.75	-2.75	-0.41	-0.79	-0.28
Legal Settlements	-	-	-	-39.34	-
Pretax Income	-1,652	-771.74	-1,125	-224.95	1,586
Earnings From Continuing Operations	-1,652	-771.74	-1,125	-224.95	1,586
Net Income	-1,652	-771.74	-1,125	-224.95	1,586
Net Income to Common	-1,652	-771.74	-1,125	-224.95	1,586
Shares Outstanding (Basic)	350	350	350	350	350
Shares Outstanding (Diluted)	350	350	350	350	350
EPS (Basic)	-4.72	-2.20	-3.22	-0.64	4.53
EPS (Diluted)	-4.72	-2.20	-3.22	-0.64	4.53
Free Cash Flow	-1,189	-1,912	-873.1	1,480	303.28
Free Cash Flow Per Share	-3.40	-5.46	-2.50	4.23	0.87
Gross Margin	-13.04%	-4.02%	-8.07%	0.04%	11.73%
Operating Margin	-16.16%	-6.55%	-10.67%	-2.04%	9.58%
Profit Margin	-17.21%	-6.33%	-10.51%	-1.60%	9.44%
Free Cash Flow Margin	-12.39%	-15.68%	-8.15%	10.56%	1.80%
EBITDA	-1,324	-578.11	-944.77	-84.38	1,828
EBITDA Margin	-13.79%	-4.74%	-8.82%	-0.60%	10.87%
D&A For EBITDA	228.26	220.45	197.74	201.86	216.91
EBIT	-1,552	-798.56	-1,143	-286.24	1,611
EBIT Margin	-16.16%	-6.55%	-10.67%	-2.04%	9.58%

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