All Ring Tech, the prominent automation equipment manufacturer, has released an impressive first quarter financial report today, evidencing significant growth fueled by the expanding demand for Chip on Wafer on Substrate (CoWoS) technology. The company’s net profit for the quarter reached NT$170 million, surpassing its entire previous year’s earnings and marking an EPS of NT$2.07.
This financial uplift is partly attributed to a robust revenue influx, totaling NT$723 million — a dramatic rise of over 217% compared to the same period last year. Although the gross profit margin saw a slight quarterly decline of 9.35 percentage points, it still managed an annual increase of 1.39 percentage points, reaching 51.69%. Similarly, the operating profit rate improved significantly, registering a quarterly rise of 5.42 percentage points and an impressive annual leap of 19.92 percentage points.
Driving this financial windfall is All Ring Tech’s strategic positioning within the semiconductor equipment sector, which is currently experiencing a surge due to normalized customer inventory levels and the burgeoning demand for AI-driven technologies like 2.5D and 3D packaging. With these market conditions, All Ring Tech is optimistic about sustaining, if not exceeding, this growth trajectory throughout the current fiscal year.