In response to the sharp rise of the New Taiwan Dollar and tariff impacts, Feng Hsin (2015) Chairman Lin Da-Jyun emphasized before the shareholders' meeting on the 28th that while the company mainly focuses on the domestic market, changes in currency and tariffs could still affect customer orders. To mitigate operational impact, Feng Hsin plans to implement "cost reduction and efficiency improvements" this year to ensure stable operations and competitiveness.

Last year, the global steel industry faced oversupply, leading to a continuous decline in international steel prices and squeezed profit margins due to weak demand. Many international giants faced significant profit reductions or even losses as a result. In this challenging operating environment, Feng Hsin actively adjusted its product mix, with the demand for rebar products benefitting from strong domestic market conditions and sales volume maintaining high levels.

Feng Hsin achieved a product sales volume of 1.613 million tons last year, an increase of 1% year on year, while revenue totaled NT$34.4 billion, a decrease of 1.44% from the previous year. Operating net profit reached NT$2.8 billion, up 2.30% year on year, and earnings per share after tax were NT$4.26, surpassing last year’s NT$4.08.

Lin Da-Jyun stated that the operating policy for this year would continue the 113-year goals, focusing on equipment renovation and technology upgrades to enhance production efficiency and product quality, while working towards energy-saving and carbon reduction initiatives as part of a circular economy. The new rebar inspection plant was completed in Q4 of last year, capable of providing comprehensive quality checks based on customer requirements, and will actively develop markets for high-grade steel types and applications.