Hon Hai reports solid Q1 earnings, approves financials

Published 14/05/2025, 11:10
Hon Hai reports solid Q1 earnings, approves financials

TAIPEI - Hon Hai (TW:2317) Precision Industry Co., commonly known as Foxconn (SS:601138), announced Wednesday that its Board of Directors has approved the consolidated financial report for the first quarter of fiscal year 2025. The report covers the period from January 1 to March 31, 2025, and showcases the company’s financial performance during these three months.

The electronics manufacturing giant reported an operating revenue of NT$1.64 trillion for the quarter. Gross profit from operations was noted at NT$100.55 billion, with a net operating income of NT$46.50 billion. The profit before tax for the period stood at NT$59.12 billion, and the company’s accumulated profit reached NT$45.83 billion.

Earnings per share (EPS) for the quarter were calculated at NT$3.03. In terms of financial health, Hon Hai disclosed total assets of NT$4.59 trillion at the end of the period, with total liabilities amounting to NT$2.75 trillion. Equity attributable to owners of the parent company by the end of the first quarter was NT$1.64 trillion.

The approval of the financial report by both the Board of Directors and the audit committee on the same day indicates a strong start to the fiscal year for Hon Hai, which plays a critical role in the global electronics supply chain.

The financial results reflect the company’s performance in a competitive market, without indicating any comparative claims or market positioning. The report does not include any additional specified matters that need to be addressed.

Investors and stakeholders can view the financial report as a factual representation of Hon Hai’s first-quarter performance. This information is based on a press release statement and is intended to provide a clear and concise overview of the company’s financial achievements during the reported period.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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