Uni-President Enterprises, has reported a robust performance for the first quarter, with consolidated revenues soaring to NT$158.756 billion, a year-over-year increase of 20.8%. The company’s net profit after tax also rose to NT$5.534 billion, marking a 10.6% increase from the previous year, while earnings per share improved from NT$0.88 to NT$0.97.
The company attributes the favorable results to multiple factors, including the improved performance of its food and beverage segments, reduced raw material costs, and higher production capacity utilization, all of which have collectively enhanced overall operational efficiency.
However, not all subsidiaries reported gains. Uni-President Central Control witnessed a net profit decline, primarily due to last year’s one-time gains from asset disposals. Excluding these gains, the subsidiary actually saw a net profit increase of NT$233 million year-over-year. Meanwhile, Uni-President Supermarket, which includes operations under 7-ELEVEN Taiwan and the Philippines, as well as other recent acquisitions like Uni-President Life and Uni-President Express, reported a net profit increase of 4.4% to NT$2.944 billion.
On the industrial front, Uni-President Industrial faced challenges, with a 49% decrease in net profit due to lower selling prices for iron products. Conversely, Taiwan Shenlong displayed a remarkable growth of 233.3% in net profit, reaching NT$140 million, driven by revenue increases across its various businesses. These mixed results highlight the diverse impacts of market conditions and strategic decisions on different segments of Uni-President Enterprises’ expansive portfolio.