Global PMX Co., Ltd., approved a cash dividend of NT$4.2 (US$0.13) per share after reporting an 85% jump in 2024 earnings, driven largely by its semiconductor equipment components business.
The Taiwanese precision parts manufacturer’s board set a 50.66% payout ratio, yielding 3.96% based on the current NT$106 share price. Annual net income reached NT$955 million (US$30.2 million), with earnings per share of NT$8.29.
Fourth-quarter revenue hit NT$1.98 billion (US$62.7 million), declining 10.47% sequentially but rising 22.65% year-over-year. While inventory adjustments in sports equipment and material shortages in the medical division affected quarterly performance, the semiconductor segment posted 39% annual growth.
The company is shifting its automotive business toward supplying critical components for electric, hydrogen-powered, and hybrid vehicles. Its medical division expects recovery later this year with planned shipments for AI surgical robots and mechanical arms.
Precision Motion has positioned itself as a key supplier for advanced lithography equipment to major semiconductor manufacturers, with trial production scheduled to begin in 2025 – a development the company says will fuel future growth.
