FST Ltd. Q3 Revenue Rises 47% to $12.6 Million

Reuters
2025/11/19
FST Ltd. Q3 Revenue Rises 47% to $12.6 Million

FST Ltd. reported revenue of $12.6 million for the third quarter ended September 30, 2025, representing a 47.0% increase from $8.5 million in the same period of 2024. Gross profit margin improved to 39.2%, up from 38.8% the previous year. Net cash provided by operating activities for the first nine months of 2025 was $3.4 million, compared to $0.5 million in 2024. Net cash used in investing activities was $0.4 million, versus $2.5 million a year earlier. Net cash used in financing activities was $2.3 million, compared to $0.4 million in 2024. FST reported an operating loss of $2.5 million for the first nine months of 2025, but excluding listing expenses, the loss would be approximately $0.5 million, an improvement of about $1.5 million over the prior-year period. As of September 30, 2025, cash and cash equivalents stood at $8.0 million, an increase of $2.9 million since December 31, 2024. The company attributed growth to increased demand for its OEM and KBS-branded steel and graphite shafts, with wider acceptance in the wholesale market and higher U.S. OEM sales.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FST Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9578281-en) on November 19, 2025, and is solely responsible for the information contained therein.

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