Taipei, Taiwan, 30th April, 2025 - Sercomm Corporation (TWSE: 5388), a leading manufacturer of telecom and broadband equipment today announced financial results for the first quarter of year 2025.

Consolidated net sales for the first quarter of year 2025 were NT$11.4 billion, which represents a 30% year-over-year decrease compared to NT$16.2 billion for 1Q 2024. Operating profit for 1Q’25 was NT$359 million, which represents a 58% year-over-year decrease over NT$857 million for the first quarter of year 2024. Net income attributable to owners of parent for 1Q’25 was NT$305 million, which represents a 55 % decrease compared to NT$674 million for the 1Q 2024.  Based on 298.6 million weighted average shares, EPS were reported as NT$1.02 for the first quarter of year 2025. 

Table 1: 1Q 2025 Statement of Comprehensive Income

* Based on weighted average shares: 298,550 thousand shares for 1Q 2025 and 286,665 thousand shares for 1Q 2024.

Table 2: Balance Sheet