SuperAlloy Industrial Co., Taiwan’s leading auto wheel rim manufacturer, reported a 42% surge in first-quarter profit to NT$354 million (US$11.4 million) despite a 1.9% revenue decline, as the company’s strategic pivot toward recycled materials paid off.
The Taiwanese wheel maker saw its earnings per share climb to NT$1.53, up 30.8% year-over-year, while operating profit increased 9.9% to NT$299 million (US$9.6 million). The company attributed its improved profitability to optimized order structure, manufacturing process enhancements, and stringent cost controls.
Notably, SuperAlloy has increased its usage of recycled aluminum to 40% in the first quarter, up 6 percentage points from a year earlier, as part of its RESAICAL customized wheel program. This shift helped boost all key profitability metrics, with gross margin reaching 28.4%, operating margin at 15.6%, and net profit margin hitting 18.5%.
The company’s April revenue fell 17.5% month-on-month to NT$563 million (US$18.2 million), bringing year-to-date revenue to NT$2.48 billion (US$80 million), down 3.6% year-over-year.
SuperAlloy remains cautiously optimistic for 2025 despite global auto industry headwinds and uncertainty surrounding potential Trump administration tariffs. The company noted its limited U.S. exposure, with the American region accounting for just 13% of revenue, and estimated direct tariff impact would affect only about 7% of its business.
Looking ahead, SuperAlloy is expanding its second smelting plant, expected to add 100,000 tons of capacity when completed in Q2 2026, while also diversifying into semiconductor aluminum materials.
