Giga-Byte Technology (2376) Q2 2025 earnings summary

Executive summary

• Operating revenue for the six months ended June 30, 2025 was NT$168,005,546 thousand, up 30% year-over-year from NT$129,087,759 thousand.

• Net profit for the six months ended June 30, 2025 was NT$6,165,676 thousand, a 24% increase from NT$4,985,485 thousand in the prior year period.

• Gross margin remained stable at 11% for both the current and prior year periods.

• Earnings per share (EPS) for the six months ended June 30, 2025 was NT$9.20, compared to NT$7.84 for the same period last year.

Financial highlights

• Operating profit for the six months ended June 30, 2025 was NT$9,532,742 thousand, up from NT$6,927,933 thousand year-over-year.

• Cash and cash equivalents increased to NT$41,623,558 thousand as of June 30, 2025, from NT$16,022,002 thousand a year earlier.

• Total assets as of June 30, 2025 were NT$154,887,276 thousand, up from NT$106,319,053 thousand as of June 30, 2024.

• Total liabilities rose to NT$101,343,726 thousand as of June 30, 2025, compared to NT$66,855,543 thousand a year earlier.

• Cash flow from operating activities for the six months ended June 30, 2025 was NT$21,625,143 thousand, up from NT$4,707,012 thousand in the prior year period.

Outlook and guidance

• Management expects continued growth in the global brand business group, driven by strong demand for computer parts and networking products.

• No significant impact is expected from new or upcoming IFRS standards based on current assessments.