{"id":34607,"date":"2025-03-10T15:00:00","date_gmt":"2025-03-10T15:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4636074_HK36074_0"},"modified":"2025-03-10T15:00:00","modified_gmt":"2025-03-10T15:00:00","slug":"tci-biotech-announces-strong-2024-financial-performance-sets-sights-on-global-growth-in-2025","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=34607","title":{"rendered":"TCI Biotech Announces Strong 2024 Financial Performance, Sets Sights on Global Growth in 2025"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">TAIPEI<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 10, 2025<\/span><\/span> \/PRNewswire\/ &#8212; TCI Biotech (TCI Co., Ltd.) (TWSE: 8436), a leading CDMO+ innovator in health food and skincare biotechnology, has released its consolidated financial results for the fiscal year ending <span class=\"xn-chron\">December 31, 2024<\/span>. The company reported steady revenue performance, strong profitability, and continued investment in innovation to drive future growth.<\/p>\n<p><b>Executive Commentary<\/b><\/p>\n<p>&#8220;Our 2024 financial performance underscores TCI Biotech&#8217;s resilience and ability to navigate market fluctuations while maintaining strong profitability,&#8221; said <span class=\"xn-person\">Vincent Lin<\/span>, CEO of TCI Biotech. &#8220;We remain committed to expanding smart manufacturing, fostering strategic partnerships, and driving cutting-edge research. By strengthening our financial position, we aim to deliver sustainable growth and long-term value for our stakeholders.&#8221;<\/p>\n<p><b>Financial Highlights<\/b><\/p>\n<ul type=\"disc\">\n<li>Revenue: <span class=\"xn-money\">NT$7.24 billion<\/span> in 2024<\/li>\n<li>Gross Profit: <span class=\"xn-money\">NT$3.18 billion<\/span>, representing a gross margin of 44%<\/li>\n<li>Operating Profit: <span class=\"xn-money\">NT$1.03 billion<\/span>, maintaining a stable 14% operating margin<\/li>\n<li>Net Profit: <span class=\"xn-money\">NT$974 million<\/span>, with earnings per share (EPS) of <span class=\"xn-money\">NT$7.60<\/span><\/li>\n<li>Dividend: <span class=\"xn-money\">NT$10<\/span> per share, reflecting solid financial performance<\/li>\n<li>Cash and Cash Equivalents: <span class=\"xn-money\">NT$4.77 billion<\/span>, ensuring strong liquidity<\/li>\n<\/ul>\n<p><b>Key Business Developments<\/b><\/p>\n<ul type=\"disc\">\n<li>Expansion in International Markets: Sales growth in key regions, including <span class=\"xn-location\">North America<\/span>, <span class=\"xn-location\">Europe<\/span>, <span class=\"xn-location\">China<\/span> and <span class=\"xn-location\">Asia<\/span>, reinforcing TCI Biotech&#8217;s global footprint.<\/li>\n<li>Innovation &amp; R&amp;D: Advances in liquid supplements and skincare, aligned with market trends. The newly established TCI Medical Consultation Panel enhances research and ensures scientific rigor.<\/li>\n<li>Operational Efficiency: Strategic cost management and AI-enhanced production processes have contributed to maintaining profitability despite industry challenges.<\/li>\n<li>Sustainable Growth Strategies: Continued commitment to ESG (Environmental, Social and Governance) initiatives to enhance corporate responsibility and long-term value creation.<\/li>\n<\/ul>\n<p><b>Outlook for 2025<\/b><\/p>\n<p>TCI Biotech is optimistic about its growth trajectory for 2025, focusing on balanced regional expansion, optimized production capacity, and strategic partnerships with global enterprises. With a commitment to quality, innovation, and customer-centric solutions, the company anticipates sustained momentum in revenue and profitability, reinforcing its position as a leader in biotechnology and smart manufacturing.<\/p>\n<p>For more information, please visit <u><a href=\"https:\/\/www.tci-bio.com\/\" target=\"_blank\" rel=\"nofollow noopener\">www.tci-bio.com<\/a><\/u>.<\/p>\n<p><b>About TCI Biotech<\/b><\/p>\n<p>TCI Biotech (TCI Co., Ltd.) is a global leader in CDMO+ services, specializing in the research, development, and manufacturing of health foods and cosmetics. Committed to innovation and scientific excellence, TCI delivers high-quality, clinically backed products that empower customers worldwide.<\/p>\n<p>Disclaimer: This press release contains forward-looking statements based on current expectations and assumptions, which involve risks and uncertainties. Actual results may differ due to market conditions, regulatory changes, or other unforeseen factors. <span id=\"spanHghltb59c\">TCI<\/span>&nbsp;Biotech assumes no obligation to update forward-looking statements. Investors are advised to review the full financial report and consult professional advisors before making any investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAIPEI, March 10, 2025 \/PRNewswire\/ &#8212; TCI Biotech (TCI Co., Ltd.) (TWSE: 8436), a leading CDMO+ innovator in health food and skincare biotechnology, has released its consolidated financial results for the fiscal year ending December 31, 2024. The company reported steady revenue performance, strong profitability, and continued investment in innovation to drive future growth. Executive [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-34607","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TCI Biotech Announces Strong 2024 Financial Performance, Sets Sights on Global Growth in 2025 - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=34607\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TCI Biotech Announces Strong 2024 Financial Performance, Sets Sights on Global Growth in 2025 - My Blog\" \/>\n<meta property=\"og:description\" content=\"TAIPEI, March 10, 2025 \/PRNewswire\/ &#8212; TCI Biotech (TCI Co., Ltd.) 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