Merida Industry (9914) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2025 was NT$21,795,570 thousand, down from NT$23,832,491 thousand year-over-year.

• Net profit for the period was NT$1,502,126 thousand, a decrease from NT$1,829,064 thousand year-over-year.

• Basic earnings per share for the nine months was NT$4.81, compared to NT$5.89 in the prior year.

• Total assets as of September 30, 2025 were NT$36,125,113 thousand, with total equity of NT$19,472,177 thousand.

Financial highlights

• Gross profit margin for the nine months was 15%, down from 19% year-over-year.

• Operating profit for the nine months was NT$1,734,263 thousand, compared to NT$2,800,683 thousand year-over-year.

• Total comprehensive income for the nine months was NT$788,559 thousand, down from NT$2,582,690 thousand year-over-year.

• Cash and cash equivalents at period end were NT$3,741,111 thousand.

Outlook and guidance

• Management is assessing the impact of new IFRS standards effective in 2026 and 2027, including IFRS 18, and will disclose impacts when assessments are complete.