SOLOMON SYSTECH (02878) announced its financial results for the year 2025. Sales revenue decreased by 17.8% year-on-year to approximately $93.3 million. Gross profit was about $32.7 million, down 14.2% compared to the previous year. Net profit attributable to owners of the company was approximately $4 million, a decline of 60.2% year-on-year. Earnings per share were 0.2 cents.

During the review period, the group's total shipment volume for the full year increased by 16.7% compared to 2024, reaching approximately 342 million units. Due to continuous price reductions for end products and competition within the industry, the average selling price of products declined, leading to a decrease in the group's full-year sales revenue, while the gross profit margin remained stable.

The primary reason for the decrease in net profit was the reduction in revenue, mainly caused by a decline in the average selling price of the group's products. Following the launch of the latest generation of products, total shipment volume is expected to recover. Meanwhile, the company possesses sufficient resources to continue its commitment to research and development projects, which are crucial for maintaining the group's long-term competitiveness.