Taiwan Sakura earned 4.78 yuan per share in the first three quarters, and operating profit growth was better than revenue.

Taiwan Sakura (9911) today announced third-quarter consolidated revenue of 2.631 billion yuan, an annual increase of 2.9%; operating profit of the industry was 399 million yuan, an annual increase of 4.4%; after-tax net profit was 335 million yuan, an annual increase of 0.2%, and earnings per share was 1.53 yuan.

Taiwan Sakura stated that revenue growth in the third quarter was slower than in the previous period, mainly due to the impact of the kitchen and bathroom appliances business. As the retail distribution channel continued to digest pre-stocking inventory, and the base period of new water heater launches and distribution in the same period last year was relatively high, the revenue performance was relatively flat.

In contrast, the overall home furnishing business has benefited from the early contract signings and construction projects that have gradually entered the housing delivery and installation stages, which has continued to inject revenue. Overall, operating profit still maintained growth in the third quarter, reflecting the company's continued efforts to optimize product structure and improve operating efficiency, supporting the industry's profit performance.

The cumulative consolidated revenue in the first three quarters reached 8.127 billion yuan, an annual increase of 5.3%; operating profit was 1.259 billion yuan, an annual increase of 7.2%; after-tax net profit was 1.044 billion yuan, an annual increase of 4.4%, and earnings per share was 4.78 yuan. Benefiting from the upgrade of AI smart products, the growth of water purification business and the steady development of the overall home furnishing business, it has driven the growth of both revenue and operating profit, and the growth rate of operating profit is better than that of revenue, demonstrating the growth momentum and operating efficiency of the core business.