Makalot expects a weaker second half as U.S. tariffs and Taiwan dollar strength pressure orders and margins. Clients are delaying purchases pending final tariff clarity, with rates as high as 49% in key production countries.
The company is slowing expansion, sharing tariff costs with clients, and hedging currency risk, where a 1% Taiwan dollar gain cuts profit by around USD 334,000.
Despite challenges, Makalot posted a record 2024 net profit of USD 139.3 million, with Q1 2025 profit up 13.5% year-on-year to USD 42.8 million. Q1 revenue reached USD 331.5 million. A record cash dividend of USD 0.57 per share was approved.
