Eclat Textile (1476) Q1 2025 earnings summary

Executive summary

• Operating revenue for Q1 2025 reached NTD 9,374.6 million, up 22.8% year-over-year from Q1 2024.

• Net income for Q1 2025 was NTD 1,679.4 million, a 17.8% increase compared to Q1 2024.

• Earnings per share rose to NTD 6.12 from NTD 5.19 year-over-year.

• Comprehensive income for Q1 2025 totaled NTD 1,755.5 million, up from Q1 2024.

• The company maintains a vertically integrated supply chain, with significant production capacity in Taiwan and Vietnam.

Financial highlights

• Gross profit for Q1 2025 was NTD 2,831.4 million, up 26.0% year-over-year, with gross margin improving to 30.2%.

• Operating income increased 33.8% to NTD 1,975.4 million, with operating margin rising to 21.1%.

• Cash and cash equivalents at March 31, 2025 were NTD 3,032.2 million, down from a year earlier.

• Total assets increased to NTD 37,345.6 million as of March 31, 2025.

• Cash dividends of NTD 17.00 per share were distributed for 2024 earnings.

Segment performance

• Garment segment accounted for 68% of sales in Jan–Apr 2025, up from 63% last year.

• Fabric segment represented 32% of sales in Jan–Apr 2025.

• Q1 2025 external revenue: Fabrics NTD 2,991.6 million, Garments NTD 6,383.0 million.

• Segment profit: Fabrics NTD 993.6 million, Garments NTD 1,185.2 million for Q1 2025.

• Both segments saw year-over-year revenue and profit growth, with garment sales leading.