Trio-Tech International reported a total revenue of $36.5 million for the fiscal year ending June 30, 2025, marking a decrease of 14% from $42.3 million in the previous fiscal year. The decline was primarily attributed to a significant drop in sales from the Semiconductor Back-end Solutions (SBS) segment, which generated $24.7 million, down 18% from $30.1 million in fiscal 2024. The Industrial Electronics (IE) segment also saw a slight revenue decrease of 3%, totaling $11.8 million compared to $12.2 million in the prior year. The overall gross profit margin decreased marginally to 25.1% from 25.4%, reflecting the challenging market conditions in the semiconductor industry.
In terms of operational changes, Trio-Tech has restructured its reporting segments to focus on Semiconductor Back-end Solutions and Industrial Electronics, a move aimed at reducing its historical concentration on the semiconductor industry. The company also ceased reporting its real estate segment, which had contributed less than 1% to total revenue over the past five years. As of June 30, 2025, the company had a total of 614 full-time employees, a decrease from 673 in the previous year, reflecting ongoing efforts to streamline operations.
The company’s backlog as of June 30, 2025, was $11 million, down from $14.4 million in the previous year, with the SBS segment backlog decreasing to $6.7 million from $9.9 million. The decline in backlog was attributed to cyclical industry headwinds and prolonged trade tensions, particularly affecting operations in China. However, the company noted a rebound in its IE segment, which benefited from the fulfillment of deferred orders and a strategic shift towards higher-margin equipment sales.
Trio-Tech's financial outlook remains cautious, with management acknowledging the ongoing challenges in the semiconductor market, including supply chain disruptions and foreign exchange losses. The company is actively exploring new markets and product lines to mitigate revenue volatility and enhance its competitive position. Additionally, the company has announced plans to acquire the remaining 50% of Trio-Tech (Malaysia) Sdn. Bhd., which would allow it to fully consolidate its operations in Malaysia, further strengthening its market presence in the region.
About TRIO-TECH INTERNATIONAL
Trio-Tech International provides reliability testing equipment, testing services, and distribution of electronic components primarily for the semiconductor industry. Its core segments—Semiconductor Back-end Solutions and Industrial Electronics—serve global markets with a focus on quality, customization, and technological innovation. The company leverages extensive industry experience, strategic geographic presence, and long-term customer relationships to deliver testing solutions and electronic products across diverse industrial and consumer markets.
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