WT Microelectronics (3036 TT) (“WT”) held its online investor conference today to present its financial results for the third quarter of 2025 and provide business outlook. Consolidated revenue for the third quarter of 2025 was approximately NT$328.9bn (US$10.9bn), up by 27% quarter-on-quarter and 26% year-on-year, exceeding the high end of the guidance range of NT$299.5bn. Consolidated operating profit was approximately NT$5,660mn (US$186.9mn), representing a 21% increase quarter-on-quarter and a 36% increase year-on-year. Consolidated net profit after tax attributable to owners of the parent was approximately NT$3,816mn (US$126mn), up 35% both quarter-on-quarter and year-on-year, exceeding the high-end of the guidance range of NT$3,444mn. Earnings per share (“EPS”) was NT$3.4 based on the weighted average outstanding shares, a record-high.
Cumulative consolidated revenue for the first three quarters of 2025 was approximately NT$835.9bn (US$26.75bn), up by 20% year-on-year. Consolidated operating profit was approximately NT$14.9bn (US$476.6mn), up by 35% year-on-year. Consolidated net profit after tax attributable to owners of the parent was approximately NT$9.35bn (US$299.3mn), representing an approximately 42% increase year-on-year, and EPS (after the deduction of dividends for preferred shares) was NT$8.11 based on the weighted average outstanding shares.
For the outlook of the fourth quarter of 2025, based on the exchange rate assumption of 1 US dollar to 30.6 NT dollars, the mid-point guidance for consolidated revenue is approximately NT$305bn (US$9.97bn), up 16% year-on-year. The mid-point guidance for consolidated operating profit is approximately NT$5,970mn (US$195.1mn), up 42% year-on-year. The mid-point guidance for consolidated net profit after tax attributable to owners of the parent is approximately NT$3,748mn (US$122.5mn), up 48% year-on-year. The mid-point guidance for EPS is NT$3.2, up 41% year-on year.
In the first half of the year, the market faced challenges amid uncertainties including tariffs and foreign exchange fluctuations. As conditions gradually stabilized in the second half and demand for AI-related semiconductors continued to strengthen, the company achieved strong growth in both revenue and profit in the third quarter.
According to data center expansion plans announced by major cloud service providers, investment momentum in AI infrastructure is expected to persist, with demand for AI semiconductors likely to maintain a strong growth trajectory next year.
In non-AI segments, end-market demand and supply chain inventories in the industrial and automotive semiconductor markets in Europe and the U.S. have returned to healthy levels. Overall market momentum is steadily improving, indicating a stable path to recovery.
Amid ongoing global supply chain realignment and increasing complexity, the company will continue to leverage its comprehensive global network and professional expertise to enhance supply chain resilience, deliver greater value-added services and more integrated solutions to customers, and pursue sustainable growth and long-term operational performance improvement.
