Holy Stone Enterprise reported a 27.5% year-on-year increase in first-quarter net profit as Taiwan’s electronic components industry shows signs of recovery amid stabilizing supply chains.
The Taipei-based manufacturer posted a net profit of NT$278 million (US$9.3 million) for the quarter ended March 31, with earnings per share of NT$1.68, according to its financial report released Tuesday. Quarterly revenue reached NT$3.4 billion (US$113.3 million) with a gross margin of 19.5%.
Passive components, including the company’s core multilayer ceramic capacitors (MLCCs), accounted for 42% of sales, followed by active components at 20% and system modules at 14%. The remaining 24% came from other product lines.
April revenue showed a mixed performance, dropping 8.5% month-on-month to NT$1.18 billion but increasing 7.5% from a year earlier. Cumulative revenue for the first four months of 2025 totaled NT$4.58 billion, up 13.5% year-on-year.
The results reflect Holy Stone’s strategic focus on higher-margin components for industrial and automotive applications, reducing its exposure to consumer electronics market volatility that had pressured margins in previous quarters.