March 6, 2026 – Sino-American Silicon Products Inc. (SAS, 5483:TT) today (3/6) held the Board meeting and approved 2025 financial results. SAS 2025 consolidated revenue totaled NT$78.17 billion with YoY -1.89%; gross profit of NT$19.57 billion, gross profit margin of 25%; operating income of NT$10.79 billion, operating income margin of 13.8%; net income of NT$9.28 billion, net income margin of 11.9%; net income attributed to the parent company NT$4.12 billion, net income attributed to the parent company margin of 5.3%; EPS of NT$6.71. Its semiconductor subsidiary, GlobalWafers (GWC, 6488:TT), FY2025 revenue reached NT$60.6 billion, with YoY -3.2%; gross profit of NT$14.62 billion, gross profit margin of 24.1%; operating income of NT$8.64 billion, operating income margin of 14.3%; net income of NT$7.31 billion, net income margin of 12.1%; EPS of NT$15.29.
Today the Board of Directors also approved the cash dividend payment plan for the second half of 2025 and resolved to distribute a cash dividend of NT$2.5 per share, with a total amount of NT$ 1.6 billion for the second half of 2025. The ex-dividend record date is July 29, and the cash dividend payment date is August 21. If the cash dividend of NT$1 per share (total amount of NT$0.64 billion) distributed from capital surplus in the first half is included, an annual cash dividend of NT$ 3.5 per share (total annual amount of NT$ 2.24 billion) is distributed throughout 2025. Besides, SAS’ Annual General Shareholders’ Meeting will be convened at 9 a.m. on May 26 at the Hsinchu Science Park Life Hub, Taiwan.
SAS’s affiliated companies delivered strong operating performance in 2025, with several achieving record-high revenues. Their results underscore solid growth momentum and competitive strengths across materials, components, and key application segments, while effectively capturing opportunities arising from industry upgrades. Taiwan Specialty Chemicals Corporation (TSC, 4772:TT) benefited from increasing demand for high-purity specialty gases driven by volume production of advanced semiconductor processes. Through the consolidation of Hung Jie Technology, a next-generation semiconductor component cleaning and refurbishment service provider, TSC has established a one-stop “materials + services” platform. TSC reported full-year 2025 consolidated revenue of NT$1.99 billion, representing a 127.9% YoY increase and a record high; EPS was NT$4.2. Actron Technology Corporation (Actron, 8255:TT), in addition to strengthening its established automotive business, actively expanded into high-growth applications such as power supply units (PSUs) and AI server racks. Actron recorded full-year 2025 revenue of NT$8.11 billion, up 6.9% YoY and reaching a record high; EPS was NT$6.32. Advanced Wireless Semiconductor Company (AWSC, 8086:TT), supported by stable demand in its smartphone power amplifier (PA) business, further diversified into non-PA applications including AI, unmanned aerial vehicles (UAVs), and low Earth orbit (LEO) satellites. AWSC reported full-year 2025 revenue of NT$4.12 billion; EPS was NT$3.36.
According to the Renewables 2025 report by IEA, global renewable energy capacity is projected to increase by approximately 4,605 GW between 2025 and 2030, twice the additions recorded during 2019–2024. Solar power is expected to account for nearly 80% of the total expansion, serving as the primary driver of the global energy transition. Against the backdrop of the global energy transition and rapid growth in solar PV installations, Taiwan has also implemented regulations to accelerate rooftop solar PV deployment. Under the Ministry of the Interior’s “Standards for Setting up Solar Photovoltaic Power Generation Equipment in Buildings,” private buildings with newly constructed or expanded floor areas exceeding 1,000 square meters, or with renovated rooftop areas exceeding 1,000 square meters, are required to install solar PV power generation equipment. The policy is estimated to add approximately 660 MW of new installed capacity annually, equivalent to the yearly electricity consumption of around 200,000 households.
Against this backdrop, SAS provides customized solar solutions to module manufacturers in Taiwan. In terms of core technology, SAS’s solar cells have achieved a conversion efficiency of 26.0% and have obtained Verified Product Certificate (VPC) validation. SAS has also been recognized multiple times with the Taiwan “Golden Energy Award” for solar wafers, reflecting strong market recognition of its product quality and technological capabilities. Amid the long-term global trends of energy transition and technological advancement, SAS continues to optimize its product portfolio and market positioning, strategically focusing on high-barrier niche segments. The Company has gradually demonstrated growth momentum in space technology applications and the international solar market. In the space technology sector, applications demand exceptional material reliability, durability, and performance stability. The high entry barriers and extended customer validation cycles create clear technological differentiation. Leveraging its advanced process capabilities and stable product quality, SAS has successfully passed the stringent reliability testing required for low Earth orbit (LEO) satellite applications. Related products are currently undergoing end-application validation with customers, with commercialization progressing and successful expansion into overseas markets.
In the renewable energy services sector, rising decarbonization requirements across global supply chains, the implementation of carbon border mechanisms such as the Carbon Border Adjustment Mechanism (CBAM), and the promotion of RE100 commitments and Taiwan’s “High Electricity User Clause,” are accelerating the transformation of corporate electricity structures. Energy transition has become a decisive factor in determining corporate ESG performance, green supply chain eligibility, and long-term competitiveness. SAS’s comprehensive renewable energy service platform, Susen Green Energy Co., Ltd. (SGE), has established an integrated service framework encompassing power generation, power sales, energy storage, and energy efficiency solutions. Through a one-stop approach, SGE assists enterprises in planning and executing their net-zero transition pathways and has entered into multiple long-term green power supply agreements with corporate clients. According to publicly disclosed monthly statistics released by industry peers, SGE’s power trading subsidiaries, Sustainable Energy Solution (SES) and Anneal Energy (Anneal), ranked among the leading market participants in terms of green power sales volume in 2025. This performance indicates that SGE’s renewable energy services platform has entered an accelerated growth phase and continues to expand its market influence amid the corporate energy transition trend. In addition, SGE has expanded into the energy service company (ESCO) sector, further strengthening the Group’s capabilities in energy management and efficiency enhancement. Its subsidiary, EcoSoar Energy Service Co., Ltd (EES), recently achieved notable results by assisting clients in applying for incentive programs administered by Taiwan’s Energy Administration. The implemented energy efficiency projects are expected to generate annual energy cost savings of approximately NT$13.73 million for clients. Through systematic efficiency improvements and the replacement of high-energy-consuming equipment, SGE helps accelerate customers’ practical progress toward net-zero transition, while assisting clients in applying for relevant energy efficiency subsidies to reduce capital expenditure and shorten payback periods.
SAS continues to promote resource integration and leverage group synergies. Through strategic investments and business expansion, the Company is strengthening its ecosystems across the three major sectors of semiconductors, automotive electronic components, and renewable energy. In the semiconductor segment, its subsidiary GlobalWafers has benefited from rising AI-driven demand, supported by its advanced process capacity deployment and an optimized product portfolio, the company is well positioned to sustain mid- to long-term operational momentum. The Group’s affiliated companies, including TSC, AWSC, and Actron have also demonstrated growth momentum and technological strengths in their respective fields, adding long-term drivers to the Group’s overall development. Through upstream and downstream resource integration and global expansion, SAS has transformed into a multinational integrated group. Amid global supply chain restructuring and the energy transition, the Company continues to demonstrate stable growth momentum and strong industrial competitiveness.