Ennostar Maintains Profitability Amid Challenging Market Conditions

In the third quarter of 2025, Ennostar Inc. (TPE:3714) demonstrated resilience in the face of a challenging market environment. The company reported a net profit margin of 10.9%, a testament to its strong financial management.

Despite a 2.4% quarter-on-quarter and 16.3% year-on-year decrease in net revenue, Ennostar generated positive cash flow from operations, indicating robust cash management. The company is actively developing high-end applications, such as Vicel and SWIR products, which are expected to contribute to future revenue growth.

Ennostar is also reorganizing its non-core investments to focus on strategic and future-oriented technologies, aiming to enhance its long-term competitiveness. The company is accelerating integration efforts, with NStar Corporation officially established and Lexstar set to integrate, in pursuit of better synergy.

However, the company faces challenges in certain segments. Revenue from the special lighting segment is anticipated to decline by double-digit percentage points both quarter-on-quarter and year-on-year. Additionally, the automotive segment is experiencing depressed demand due to uncertainties in China and global markets. The TV backlight business is also projected to see a double-digit decline in Q4, reflecting weaker market demand.

Overall, Ennostar's performance in Q3 2025 demonstrates its ability to navigate the industry's complexities and maintain profitability, while also investing in strategic initiatives to drive future growth.