SOLOMON SYSTECH (02878) announces its performance for 2025. The net profit attributable to owners of the company is approximately $4 million US dollars, a decrease of 60.2% year-on-year.
Jingmen Semiconductor (02878) announced its performance for 2025, with revenue falling by 17.8% year-on-year to approximately 93.3 million US dollars; gross profit was approximately 32.7 million US dollars, a decrease of 14.2% year-on-year; net profit attributable to owners of the company was approximately 4 million US dollars, a decrease of 60.2% year-on-year; earnings per share was 0.2 cents.
Solomon Systech (02878) announced its performance for the year 2025, with sales decreasing by 17.8% year-on-year to approximately 93.3 million US dollars; gross profit amounted to approximately 32.7 million US dollars, a decrease of 14.2%; the company's net profit attributable to owners dropped by 60.2% to approximately 4 million US dollars, with earnings per share of 0.2 cents.
Looking back on the year, the group's total annual shipment volume increased by 16.7% to approximately 342 million units compared to 2024. Due to continuous price declines of end products and industry competition, the average product price dropped, resulting in a decrease in the group's annual sales revenue, while the gross profit margin remained stable.
The main reason for the decrease in net profit is the reduction in revenue, largely due to the decline in the average selling price of the group's products. Following the launch of the latest generation of products, total shipment volume is expected to increase. Meanwhile, the company has sufficient resources to support the group's continued commitment to research and development projects, which are crucial for maintaining the group's long-term competitiveness.
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