WISYNCO reports 2% decline in first quarter net profit

November 13, 2025

Wisynco Group Limited (WISYNCO)

Unaudited financials for the three months ended September 30, 2025:

Wisynco Group Limited (WISYNCO) reported revenues of $16.19 billion for the first quarter ended September 30, 2025, representing a 10.5% increase compared to $14.64 billion in the corresponding quarter of the prior year.

Cost of Sales amounted to $10.55 billion (2024: $9.32 billion), reflecting a 13% increase year-over-year. Consequently, Gross Profit rose by 6% to $5.64 billion compared to $5.32 billion for Q1 FY2025.

Other Operating Income totaled $68.15 million, up 20% from $56.71 million in Q1 FY2025.

Selling and Distribution Expenses increased by 9% to $3.29 billion (2024: $3.03 billion), while Administration Expenses declined by 4% to $583.91 million (2024: $605.37 million).

As a result, Operating Profit for the quarter amounted to $1.83 billion, a 5% increase relative to $1.74 billion reported in the prior year.

Finance Income was $152.28 million, down 9% from $167.01 million, while Finance Costs surged to $156.41 million compared to $31.95 million in Q1 FY2025, driven by higher interest expenses on new borrowings. The company also recorded Share of Results of Associates of $16.33 million, compared to a loss of $0.36 million last year.

Profit Before Taxation closed at $1.84 billion, a slight 1.9% decline from $1.88 billion in the prior year.

Taxation amounted to $361.05 million (2024: $371.31 million), resulting in Net Profit of $1.48 billion, down 1.6% from $1.51 billion reported in Q1 FY2025.

Management highlighted that revenue growth was supported by increased production capacity utilization and new product lines introduced in July, alongside strong export market performance. However, margin pressure from depreciation and higher financing costs tempered overall profitability.

 

Consequently, Earnings Per Share for the three months amounted to $0.39 (2024: EPS: $0.40). The twelve-month trailing EPS was $1.15 and the number of shares used in these calculations was 3,803,250,000. Notably, WISYNCO’s stock price closed the trading period on November 13, 2025 at a price of $19.55 with a corresponding P/E ratio of 16.94x.

Balance Sheet Highlights

The company’s assets totalled $45.62 billion (2024: $36.39 billion).  The movement in total assets was primarily attributable to a 654% increase in ‘Investment in associates’ amounting to $2.84 billion ($376.68 million) and a $1.93 billion increase in ‘Cash and short-term deposits’ amounting to $6.34 billion (2024: $4.41 billion).

 

Shareholders’ equity was $29.12 billion (2024: $26.29 billion), representing a book value per share of $7.74 (2024: $6.99).

 

 

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2025-11-13T15:40:48-05:00