SOLOMON SYSTECH (02878) announced its performance for 2025, with the company's owner's share of net profit approximately $4 million USD, a decrease of 60.2% compared to the previous year.

Solomon Systech (02878) announced its performance for the year 2025, with a year-on-year decrease in sales of 17.8% to approximately USD 93.3 million; gross profit of approximately USD 32.7 million, down 14.2% year-on-year; attributable net profit to owners of the company decreased by 60.2% to approximately USD 4 million; earnings per share was 0.2 cents. Looking back over the year, the group's total annual shipment volume increased by 16.7% to approximately 342 million pieces compared to 2024. Due to the continuous decrease in prices of end products and industry competition, the average product price decreased, leading to 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 was the reduction in revenue, mainly due to the decrease in the average selling price of the group's products and an expected increase in total shipment volume after the launch of the latest generation products. At the same time, the company has sufficient resources to support the group's continued focus on research and development projects, which are crucial for maintaining the group's long-term competitiveness.