Triocean Industrial Corporation Co., Ltd. · TWSE:1472

Triocean Industrial — Q3 2025 Earnings Presentation

31 slides from Triocean Industrial's earnings presentation, Nov 27, 2025

  1. Slide 1: Triocean Industrial Corporation Co., Ltd.

    TRIOCEAN INDUSTRIAL CORPORATION CO., LTD. November 27, 2025

  2. Slide 2: Safe Harbor Notice

    TRIOCEAN SAFE HARBOR NOTICE ◼ This document, in addition to providing historical information, contains statements regarding future business opportunities. Due to the influence of uncertain factors and unknown risks, the actual results may differ from the content stated. Investors should exercise the

  3. Slide 3: Company Profile

    © TRIOCEAN Company Profile

  4. Slide 4: Company profile and business items

    TRIOCEAN ◼ Established：October 7, 1968 ◼ Main Subsidiaries：Shangting Construction Co., Ltd. Capital of NT$2 billion. Class-A construction firm (December 2020). ◼ Capital： NT$ 524.881 million ◼ Chairman：Yu-Lien Chiang ◼ General Manager：Roger Hsu ◼ Business Items：Public Construction、Building Construct

  5. Slide 5: Awards and recognitions

    TRIOCEAN 2020 Urban Construction Golden Quality Award / 屏東縣多層級樂活照顧服務設施圉園區新建工程 2023 FIABCI-Taiwan Real Estate Excellence Awards-Planning and Design Category：Golden Quality Award / 高雄高工附設立體停車場新建工程 2023 FIABCI-Taiwan Real Estate Excellence Awards-Construction Quality Category-Public Construction ：Golde

  6. Slide 6: Safety and enterprise awards

    TRIOCEAN 2023 Golden Safety Award / 高雄高工附設立體停車場新建工程 2024 Yuan-Ye Award / 公路局監理所苓雅監理站遷建計畫新建工程 2024 Outstanding Unit for Occupational Safety and Health in Kaohsiung City / 上鋌營造(股)公司推行職業安全 衛生成效優異 2024 Kaohsiung Happy Enterprise Award / 三洋實業(股)公司獲得高雄市政府勞工局獎項 2025 Urban ConstructionGolden Quality Award /

  7. Slide 7: Industry Overview

    © TRIOCEAN Industry Overview

  8. Slide 8: The Business Environment

    TRIOCEAN THE BUSINESS ENVIRONMENT • Public construction spending in Q1 2025 fell 1.35% yoy, with a budget execution rate of only 18.3%. Although core public construction project budgets were not cut, 50% of the administrative expenses for open tendering were frozen. Until may, budgets has been gradu

  9. Slide 9: Raw Material Price Fluctuations and Labor Shortages

    TRIOCEAN RAW MATERIAL PRICE FLUCTUATIONS AND LABOR SHORTAGES • The construction cost index grew 1.11% yoy in the first half of 2025. Although construction costs remain elevated, the pace of cost increases has slowed. This is mainly due to stabilizing material price indices. Some major materials stil

  10. Slide 10: Operational Overview

    TRIOCEAN Operational Overview

  11. Slide 11: Completed Construction

    TRIOCEAN I. Completed Construction Million of New Taiwan Dollars Final Commencement Completion Item Construction Name Category Amount Date Date 1 高雄市立光華國中和平樓校舍改建工程 Building construction 67 2018/01 2019/10 2 高雄市岡山區兆湘國小辦公大樓及東.前側教室拆除及新建工程 Building construction 53 2018/01 2020/03 3 恆春鎮公所東側立體停車場統包工程 Buil

  12. Slide 12: Construction in Progress: Infrastructure

    TRIOCEAN II. CONSTRUCTION-IN-PROGRESS : Infrastructure 岡山橋頭污水區第二期第一標工程 澎湖港金龍頭灣區建築物及公共 基礎設施工程 Organizer: Water Resources Bureau, Kaohsiung City Government Organizer: Port of Kaohsiung, Taiwan Contract Price: NT$174 million International Ports Corporation, Ltd. Contract Price: NT$423 million (Shangtin

  13. Slide 13: Construction in Progress: Infrastructure

    TRIOCEAN 高雄港第五貨櫃中心變電站新建工程 花蓮港#17~#25碼頭震災修復工程 Organizer: Port of Hualien, Taiwan Organizer: Port of Kaohsiung, Taiwan International Ports Corporation, Ltd. International Ports Corporation, Ltd. Contract Price: NT$421 million(Shangting) Contract Price: NT$690 million (co-contracting) 2025/8/1 Complete

  14. Slide 14: Construction in Progress: Sustainable Infrastructure

    TRIOCEAN II. CONSTRUCTION-IN-PROGRESS : Sustainable Infrastructure 高雄港第七貨櫃中心太陽光電發電統建置 屏東縣下埔頭、大庄及東海養殖生產區 海水供水系統 Organizer: Port of Kaohsiung, Taiwan International Ports Corporation, Ltd. Organizer: Pingtung County Government Contract Price: NT$470 million(co-contracting) Contract Price: NT$809 millio

  15. Slide 15: Construction in Progress: Civil Sports Center

    TRIOCEAN II. CONSTRUCTION-IN-PROGRESS : Civil Sports Center 高雄市楠梓區全民運動館興建工程 高雄市小港區全民運動館興建工程 Organizer: Public Works Bureau, Kaohsiung Organizer: Public Works Bureau, Kaohsiung City Government City Government Contract Price: NT$368 million (Shangting) Contract Price: NT$562 million (Shangting) 2025/1

  16. Slide 16: National Sports Park construction project

    TRIOCEAN 國家運動園區整體興設與人才培育計畫(第三期)士校營區新建游泳館及網球場等工程 Organizer: National Land Management Agency Contract Price: NT$2.44 billion (co-contracting)

  17. Slide 17: Kaohsiung International Airport New Terminal Phase I

    TRIOCEAN II. CONSTRUCTION-IN-PROGRESS : Kaohsiung International Airport New Terminal Phase I Construction Plan 高雄國際機場新航廈工程計畫-第一期建設 高雄機場北側新建圍牆、排水及周邊 計畫-東側立體停車場新建統包工程 設施工程 Organizer: Kaohsiung International Airport of Organizer: Civil Aviation Administration, MOTC Civil Aviation Administration, MOTC C

  18. Slide 18: Residential Housing (including Social Housing)

    TRIOCEAN II. CONSTRUCTION-IN-PROGRESS : Residential Housing (including Social Housing) 屏東縣里港鄉住宿式長照機構新建工程 大竂社會住宅(第一期)新建統包工程 Organizer： Pingtung County Government Organizer： Water Resources Bureau, Contract Price : NT$387 million (Shangting) Kaohsiung City Government 2025/7/31 Completed Contract Price

  19. Slide 19: Residential and military camp projects

    TRIOCEAN 慈恩25村職務宿舍新建工程 國防部第205廠光復營區暨大樹北營區工程 Organizer: Public Works Bureau, Kaohsiung Organizer: R.O.C. Air Force Academy City Government Contract Price: NT$548 million (Shangting) Contract Price: NT$391 million (Shangting)

  20. Slide 20: Social housing projects

    TRIOCEAN 高雄市小港區「山明安居」及「水秀安居」 臺南市仁德區「裕忠安居」社會住 社會住宅 宅新建統包工程 Organizer: National Housing and Urban Organizer: National Housing and Urban Regeneration Center Regeneration Center Contract Price: NT$2.63 billion (co-contracting) Contract Price: NT$3.68 billion (co-contracting)

  21. Slide 21: Social housing projects

    TRIOCEAN 屏東縣屏東市「永城好室」、「鶴聲好室」 高雄市橋頭區「橋新安居A」社會住宅 社會住宅新建統包工程 新建統包工程 Organizer: National Housing and Urban Organizer: National Housing and Urban Regeneration Center Regeneration Center Contract Price: NT$1.94 billion (co-contracting) Contract Price: NT$1.64 billion (co-contracting)

  22. Slide 22: School and social housing projects

    TRIOCEAN 國立高科實驗高級中等學校校舍新建工程 高雄市橋頭區「橋新安居C」社會住宅 新建統包工程 Organizer: Public Works Bureau, Kaohsiung City Organizer：National Housing and Urban Government Regeneration Center Contract Price: NT$2.38 billion (co-contracting) Contract Price: NT$1.2 billion (co-contracting) 2025 New subject. 2025 New subject.

  23. Slide 23: Operational Performance

    TRIOCEAN Operational Performance

  24. Slide 24: Construction Progress

    TRIOCEAN I. Construction Progress Construction Name 2022 2023 2024 2025 2026 2027 2028 2029

  25. Slide 25: Operational Performance: Revenue and Net Income

    TRIOCEAN II. Operational Performance In NT$ Million REVENUE In NT$ Million NET INCOME 3,000 300 2,728 268 2,335 1,948 2,000 200 155 142 1,169 1,000 100 4 - 0 2022 2023 2024 2025 Q3 2022 2023 2024 2025 Q3 Unit: Million Year 2022 2023 2024 2025 Q3 Item Revenue 1,169 1,948 2,335 2,728 Net Income 4 142

  26. Slide 26: Debt Ratio and EPS

    TRIOCEAN % DEBT RATIO EPS (NT$) 6.00 80.00 5.10 71.87 4.27 60.00 58.58 4.00 3.31 55.30 46.60 40.00 2.00 20.00 0.15 - 0.00 2022 2023 2024 2025 Q3 2022 2023 2024 2025 Q3 Year 2022 2023 2024 2025 Q3 Item Debt Ratio (%) 71.87 46.60 55.30 58.58 EPS (NT$) 0.15 4.27 3.31 5.10

  27. Slide 27: Advantages & Prospects for Future

    TRIOCEAN Advantages & Prospects for Future

  28. Slide 28: Sustainable Value Chain – Creating a New Future

    TRIOCEAN SUSTAINABLE VALUE CHAIN – CREATING A NEW FUTURE Three core target: low-carbon construction, resource circularity, and smart management. By integrating green engineering and carbon-reduction practices across all project stages—from design to material selection to on-site execution—we strive

  29. Slide 29: Corporate Social Responsibility

    TRIOCEAN CORPORATE SOCIAL RESPONSIBILITY Our company believes that construction is not merely about erecting cold buildings, but about creating warm, livable homes. By leveraging our core engineering capabilities, we aim to advance on the path of sustainability while also giving back to society and

  30. Slide 30: Prospect

    TRIOCEAN PROSPECT • DGBAS projects 2.77% growth in fixed capital formation (vs. 13.98% in 1H 2025). • Government investment remains moderately growing; private investment sees minimal growth. • Typhoon damage drives higher local government reconstruction spending. • Central government to launch post

  31. Slide 31: Thank you for listening. Q&A

    TRIOCEAN Thank you for listening. Q&A

Triocean Industrial — Q3 2025 Earnings Presentation on 6ix