Song Ho Industrial 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	2,046	2,035	2,014	2,526	2,937
Revenue Growth (YoY)	0.56%	1.01%	-20.26%	-13.98%	23.02%
Cost of Revenue	1,847	1,823	1,850	2,249	2,466
Gross Profit	199.45	211.75	164	276.96	470.33
Selling, General & Admin	109.25	104.91	97.2	123.12	146.73
Research & Development	4.3	4.03	3.86	5.74	7.89
Operating Expenses	113.63	110.65	101.6	126.47	156.74
Operating Income	85.82	101.1	62.4	150.48	313.59
Interest Expense	-14.63	-16.23	-17.47	-14.82	-10.7
Interest & Investment Income	7.13	11.32	11.11	4.27	3.86
Currency Exchange Gain (Loss)	-	8.15	1.09	4.98	-14.22
Other Non Operating Income (Expenses)	16.38	1.85	2.31	10.24	3.22
EBT Excluding Unusual Items	94.71	106.19	59.44	155.15	295.76
Gain (Loss) on Sale of Assets	-	-0.12	-0.01	-0	-
Other Unusual Items	-	-	-	-29.39	-
Pretax Income	94.71	106.07	59.43	125.75	295.76
Income Tax Expense	19.56	21.04	12.77	25.25	59.92
Earnings From Continuing Operations	75.15	85.03	46.66	100.51	235.83
Minority Interest in Earnings	-0.8	-0.34	-0.54	-0.21	-0.31
Net Income	74.35	84.69	46.12	100.3	235.52
Net Income to Common	74.35	84.69	46.12	100.3	235.52
Net Income Growth	-12.21%	83.63%	-54.02%	-57.41%	50.72%
Shares Outstanding (Basic)	50	50	50	50	50
Shares Outstanding (Diluted)	50	50	50	50	50
Shares Change (YoY)	-0.19%	0.03%	-0.06%	-0.07%	0.04%
EPS (Basic)	1.50	1.71	0.93	2.02	4.75
EPS (Diluted)	1.50	1.71	0.93	2.02	4.74
EPS Growth	-12.11%	83.63%	-53.99%	-57.38%	50.95%
Free Cash Flow	46.32	194.64	279.73	125.76	24.47
Free Cash Flow Per Share	0.94	3.92	5.63	2.53	0.49
Dividend Per Share	-	1.200	0.700	1.400	3.300
Dividend Growth	-	71.43%	-50.00%	-57.58%	65.00%
Gross Margin	9.75%	10.41%	8.14%	10.96%	16.01%
Operating Margin	4.19%	4.97%	3.10%	5.96%	10.68%
Profit Margin	3.63%	4.16%	2.29%	3.97%	8.02%
Free Cash Flow Margin	2.26%	9.57%	13.89%	4.98%	0.83%
EBITDA	153.76	167.07	128.65	217.74	385.51
EBITDA Margin	7.51%	8.21%	6.39%	8.62%	13.13%
D&A For EBITDA	67.94	65.97	66.25	67.26	71.92
EBIT	85.82	101.1	62.4	150.48	313.59
EBIT Margin	4.19%	4.97%	3.10%	5.96%	10.68%
Effective Tax Rate	20.65%	19.84%	21.49%	20.08%	20.26%

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