iST Reports H1 2025 EPS of NT$3.2

Hsinchu, Taiwan, R.O.C. July 21, 2025 – iST (TWSE:3289), today announced its unaudited consolidated financial results of H1 2025.

1. Revenues in H1 2025 totaled approximately NT$ 2.336 billion, an increase of 10.04% YoY.
2. Operating gross profit in H1 2025 was about NT$ 679 million, an increase of 17.87% YoY. The gross profit rate of H1 2025 was 29.06%, an increase of 1.93% YoY.
3. Net operating profit in H1 2025 was about NT$ 210 million, an increase of 21.43% YoY.
4. Net profit attributable to the parent company for H1 2025 was approximately NT$238 million, a decrease of 22.20% YoY.
5. The EPS after tax for the H1 2025 was approximately NT$3.20, a decrease of 22.52% YoY.

iST stated that its consolidated revenue for the first half of 2025 reached NT$2.336 billion, not only surpassing the NT$2 billion mark but also growing by 10.04% compared to the same period last year. However, net profit attributable to the parent company and Earnings Per Share (EPS) declined compared to the same period last year. This was mainly due to a “gain from investments accounted for using the equity method” recognized in the corresponding period of 2024, an extraordinary income source not present this year. Nevertheless, excluding this factor, iST’s core business momentum remains stable, and its overall profit structure remains sound.

iST further stated that operating profit reached NT$210 million, an increase of 21.43 % from the same period last year. This demonstrates the company’s solid business momentum and reflects the results of its long-term deep cultivation in emerging application fields such as AI and high-speed transmission. In terms of gross margin, the first half of this year also saw an improvement compared to the same period last year, indicating the company’s continuous improvement in product portfolio optimization and operational efficiency.

Regarding tariffs, although the “reciprocal tariffs” recently proposed by the United States may affect the global semiconductor supply chain in the second half of the year, iST, as a service industry focused on electronic product verification and analysis, does not involve the import and export of physical products. Therefore, the overall impact of tariff changes is relatively limited. The company will continue to closely monitor international policy developments and adjust customer quotation mechanisms and service configurations as necessary to ensure stable operations.

In terms of exchange rates, the recent significant appreciation of the New Taiwan Dollar against the US Dollar has resulted in exchange valuation losses for some USD-denominated revenues. iST has adopted natural hedging strategies, including balancing payment currencies and optimizing fund allocation, to mitigate the impact of exchange rate fluctuations on operational profits. Although there was a slight short-term exchange loss, the overall operational impact is controllable, and the company’s financial health remains stable.

Looking ahead to the second half of the year, iST will continue to strengthen its testing capabilities in high-power, high-speed, and high-frequency application fields. It will also collaborate with EnliTech, a leading domestic optical chip measurement equipment manufacturer, to jointly advance Silicon Photonics (SiPh) test platforms and technology development, addressing the verification needs of next-generation optoelectronic integration technologies for AI data centers.

iST will continue to expand its verification layout in emerging applications such as AI, high-speed interfaces, and space components to consolidate its long-term competitiveness. Operational performance in the second half of the year is expected to be better than in the first half.

iST(TWSE:3289) H1 2025 consolidated results

(Unit: NT$ thousands, except EPS)

PS: Above figures are unaudited consolidated financial results.

About Integrated Service Technology

Founded in 1994, iST started its business with IC circuit debugging and modification and has gradually expanded its services to include Failure Analysis, Reliability Verification, Material Analysis, Signal Integrity, Chemical Analysis, and various consulting services. iST serves a broad range of customers across the electronics industry, from upstream IC design companies to downstream finished product manufacturers.

In response to emerging technological trends, iST has established comprehensive verification platforms, including Advanced Process and Advanced Packaging Verification for semiconductors, Automotive Electronics Verification, 5G/IoT/V2X/AI Verification, and Space Environment Testing Laboratories. By providing complete and all-encompassing verification and analysis services, iST continues to support its customers in addressing complex challenges in next-generation technologies.

Visit our website: https://www.istgroup.com