WT Microelectronics (3036 TT) (“WT”) held its online investor conference today to present its financial results for the second quarter of 2025 and provide business outlook. Unaudited consolidated revenue for the second quarter of 2025 was approximately NT$259.5bn (US$8.4bn), increased by approximately 5% quarter-on-quarter and approximately 7% year-on-year, exceeding the high end of the guidance range of NT$255bn. Consolidated operating profit was approximately NT$4,660mn (US$150.2mn), representing a 2% increase quarter-on-quarter and a 9% increase year-on-year. Consolidated net profit after tax attributable to owners of the parent was approximately NT$2,830mn (US$91.2mn), increased 5% quarter-on-quarter and 32% year-on-year, exceeding the mid-point guidance of NT$2,750mn. One year after the merger with Future, WT delivered a 32% year-over-year growth in net profit, reflecting well-executed post-merger integration and the gradual recovery of the European and U.S. markets. After the deduction of dividends for preferred shares, earnings per share (“EPS”) was approximately NT$2.28 based on the weighted average outstanding shares. If included dividends for preferred shares, net profit per share would be NT$2.53.
For the outlook of the third quarter of 2025, based on the exchange rate assumption of 1 US dollar to 29.5 NT dollars, the mid-point guidance for consolidated revenue is approximately NT$291.5bn (US$9.88bn), up 12% quarter-on-quarter and up 12% year-on-year. The mid-point guidance for consolidated operating profit is approximately NT$5,109mn (US$173.2mn), up 10 quarter-on-quarter and up 22% year-on-year. The mid-point guidance for consolidated net profit after tax attributable to owners of the parent is approximately NT$3,117mn (US$105.7mn), up 10% quarter-on-quarter and up 10% year-on-year. The mid-point guidance for EPS is approximately NT$2.78, up 22% quarter-on-quarter and up 8% year-on year.
In the first half of the year, tariff and exchange rate fluctuations introduced significant uncertainty. As clarity emerges in trade talks and currency market volatility begins to moderate, we expect the impact on operations to ease in the second half. In response to the increasingly complex global trade landscape and evolving supply chain dynamics, we will continue to leverage our global service capabilities to respond with agility and support our suppliers and customers’ worldwide deployment strategies.
On the demand front, AI-driven momentum remains robust and is expected to serve as a key growth driver for WT in the second half of the year and into 2026. Meanwhile, major markets like Americas and EMEA. have emerged from the trough of inventory correction cycle. With supply chains’ inventories returning to healthier levels, a steady gradual recovery in industrial and automotive demand is underway—further supporting WT’s revenue and profitability growth.
