KCE Electronics Public Company Limited (SET: KCE) has announced its 2Q25 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 2Q25 | 2Q24 |
| Net Profit (Loss) Million Baht |
182.14 | 635.07 |
| Earning Per Share (Baht) |
0.1500 | 0.5400 |
| % Change | -71.32 | |
| 6 Months | 2025 | 2024 |
| Net Profit (Loss) Million Baht |
411.95 | 1,150.45 |
| Earning Per Share (Baht) | 0.3500 | 0.9700 |
| % Change | -64.19 | |
In the second quarter of 2025, KCE reported a consolidated net profit of THB 182.1 million, a 71.32% decrease YoY. This decrease was primarily attributable to lower revenue recognition, driven by a reduction in selling prices, the appreciation of the Thai Baht against the U.S. dollar, and a slowdown in purchase orders from key customers in the automotive segment.
Overall, the decline in profitability was mainly caused by weaker market demand and unfavorable foreign exchange effects, which negatively impacted the company’s top-line performance.
KCE remains cautious in both the short term and long term, closely monitoring global economic conditions and customer demand trends, while continuing to focus on cost efficiency and operational improvement.
Regarding 2Q25 total revenue, the company had total revenue of THB 3,343 million, a 21.3% decrease YoY. This total includes THB 3,285.4 million from product sales and THB 57.7 million from other income.
Consolidated Product sales revenue for 2Q25 was reported at THB 3,285.4 million, representing a decrease of 18.11% YoY. The appreciation of the Thai Baht against the USD and Euro during the period significantly impacted revenue recognition in Thai Baht terms, resulting in a reduction of approximately THB 246.6 million compared to 2Q24. The Baht’s continued strengthening from 1Q25 to 2Q25, especially when compared to the same period last year (2Q24), where the average booking exchange rate was around 10% weaker, further intensified the YoY impact. This stronger currency effect was a key driver behind the notable drop in sales revenue in Baht terms, despite smaller changes in revenue when measured in original currency.
Additionally, the Board of Directors approved a dividend payment of THB 0.60 per share to be paid on 10 September 2025 with an ex-dividend date on 26 August 2025.
