Qisda Corp. broke through its gross margin ceiling in the first quarter of 2025, reaching 17.3% as the Taiwanese display and electronic equipment manufacturer’s strategy of optimizing product and business portfolios continues to bear fruit.
The Taoyuan-based company reported NT$4.83 billion (US$152 million) in net income attributable to the parent company for Q1, representing an 88% jump from the same period last year, with earnings per share of NT$0.25.
Consolidated revenue for the quarter came in at NT$49.75 billion (US$1.56 billion), up 6% year-on-year, while gross profit rose 15% to NT$8.62 billion (US$271 million). Operating profit reached NT$999 million (US$31.4 million), an 8% improvement from Q1 2024.
The company, which produces LCD monitors, projectors, and medical equipment, also reported its April revenue of NT$17.12 billion (US$538 million), showing 7% growth year-on-year but a 3% decline from March. Cumulative revenue for the first four months of 2025 totaled NT$66.88 billion (US$2.1 billion), up 6% from the previous year.
Qisda cited strong performance in its medical, smart solutions, and information technology businesses as key drivers behind the growth. The company will hold an investor conference on May 7 to provide further details about Q1 results and outlook for Q2.