Qisda's board of directors approved its financial results for the second quarter of 2025, reporting a quarterly operating gross margin of 16.1%, maintaining nine consecutive quarters above 16%. Net income attributable to the parent company reached NT$356 million (approx. US$11.93 million), impacted by the appreciation of the New Taiwan dollar.
In the second quarter, Qisda recorded consolidated revenue of NT$53.464 billion, reflecting a 7% increase from both the same period last year and the previous quarter. Operating gross profit rose slightly to NT$8.627 billion, but operating net income declined 24% quarter-over-quarter to NT$762 million.
For the first half of 2025, consolidated revenue totaled NT$103.2 billion, up 7% from the previous year. Operating gross profit increased 9% year-over-year to NT$17.249 billion, resulting in an operating gross margin of 16.7%, an improvement of 0.3pp compared to the first half of 2024. However, operating net income fell 17% year-over-year to NT$1.761 billion, and net income attributable to the parent company dropped 9% to NT$839 million.
Qisda attributed the decline in net income to the significant appreciation of the New Taiwan dollar, which affected overall gross profit and earnings. The company has scheduled an investor conference on July 14 to provide further information on its second-quarter operational results and outlook for the third quarter.
Article translated by Jingyue Hsiao and edited by Jack Wu
