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Rui Ze Reports Record Q1 Revenue and Profit Growth

Rui Ze Reports Record Q1 Revenue and Profit Growth

Leading provider of gas supply systems for high-tech factories, Rui Ze Industrial Co., Ltd. (7703), reported a record consolidated revenue of NT$500 million for the first quarter of this year, reflecting a 29.98% year-on-year increase. This growth is attributed to the rising demand for its primary gas system and secondary gas transfer services, along with effective cost control measures that resulted in a post-tax net profit of NT$68.11 million, up 7.86% from the previous year.

Due to capital expansion impacts, the first quarter EPS stands at NT$1.96, consistent with the same period last year. Rui Ze has noted strong demand from semiconductor industry clients for its gas transfer services, further boosting Q1 revenue.

With its mastery of key technologies in gas supply systems, Rui Ze is actively hiring to meet future business demands, although this may impact gross margin in the short term, with gross margin and operating profit margin reported at 22.21% and 14.26%, respectively.

Looking ahead, Rui Ze remains cautiously optimistic, intending to deepen collaborations with well-known semiconductor and memory manufacturing clients while focusing on new expansion opportunities for client facilities.