Financial Information

1.The preliminary accumulated consolidated operating revenues as of January 2025 totaled NT$ 25,711,893 thousand. The preliminary accumulated consolidated operating profit totaled NT$ 276,108 thousand. The preliminary accumulated consolidated profit before income tax totaled NT$ 203,669 thousand.

2.Information for the Company's carbon steel sales volume (non-consolidated basis) is as follows:
The sales volume of carbon steel in January 2025 totaled 551,448 tons. Accumulated sales volume of carbon steel as of January 2025 totaled 551,448 tons.

3.Accumulated performance summary:
Accumulated consolidated profit before income tax as of January 2025 decreased on a YOY basis. The accumulated operating revenues decreased as a result of the decrease in ASP and sales volume of the steel department. However, the increase in gross profit of the wind power business and the decrease in operating expenses contributed to the increase in operating profit. Additionally, the decrease in dividends from mining investments resulted in the decrease in non-operating income.
The global economy remains stable and sound. Since the Trump administration took office, it has raised tariffs on imported goods extensively and established a new order in global trade. The U.S. government recently announced a 25% tariffs on imported steel and aluminum. The reinstatement of tariff on all steel imports has fueled a steel price uptrend in the U.S. China’s Ministry of Industry and Information Technology released the 2025 edition of Normative Conditions for the Steel Industry, which encourages steel companies to transform towards high value-added, low carbon, and intelligence, and accelerate the elimination of outdated production capacity. This will help balance the supply and demand of steel and support future steel demand. In Taiwan, industrial production index reached a new high in December, maintaining a positive growth momentum for ten consecutive months. Driven by the rise of emerging technology applications such as AI, the economy continued to expand steadily. The steel market maintained a steady and positive development trend.