Foxconn Interconnect Technology Reports 11.5% Rise in Revenue, Net Profit Slightly Down for First Half of 2025

Reuters
Sep 30
Foxconn Interconnect Technology Reports 11.5% Rise in Revenue, Net Profit Slightly Down for First Half of 2025

For the six months ended June 30, 2025, revenue was US$2.305 billion, an increase of 11.5% from US$2.067 billion for the same period in 2024. Net profit for the period was US$30 million, compared to US$33 million for the same period in 2024. By end market, revenue from the smartphone segment decreased by 12.1% compared to the same period in 2024. Revenue from the cloud end market increased by 35.7%, and revenue from the consumer interconnects end market increased by 14.3%. Cost of sales for the period was US$1.876 billion, compared to US$1.646 billion for the prior period. Gross profit was US$428.5 million, compared to US$421.2 million. Distribution costs and selling expenses were US$56.8 million, compared to US$62.0 million. Administrative expenses totaled US$158.1 million, compared to US$118.5 million. Research and development expenses were US$163.1 million, compared to US$171.6 million. Other income was US$9.7 million, and other gains (net) were US$47.1 million for the period. Operating profit was US$105.1 million, compared to US$93.2 million for the same period in 2024. Finance income was US$10.4 million, and finance costs were US$35.2 million. Net finance costs were US$24.9 million, compared to US$25.4 million. Share of results of associates and joint ventures was US$0.3 million, compared to a loss of US$6.3 million for the previous period. Profit before tax was US$80.5 million, compared to US$61.4 million. Income tax expense was US$50.3 million, compared to US$28.7 million. Profit attributable to owners of the company was US$31.5 million, compared to US$32.5 million. Profit attributable to non-controlling interests was negative US$1.3 million, compared to US$0.1 million for the same period in 2024.

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