September 15, 2026 by Ryan

T3EX Global Holdings Corp. (TWSE: 2636), a Taiwan-based international logistics and freight forwarding group, closed FY2025 with consolidated revenue of NT$20,794 million, down 18.3% from NT$25,446 million a year earlier as ocean freight rates normalized from their post-pandemic highs. Despite the down cycle, the core stayed steady: gross margin expanded 0.7 percentage points to 16.0% on disciplined cost control, and net income reached NT$1,076 million (-20.5%), of which NT$1,060 million was attributable to the parent. Earnings per share came to NT$7.74, and the board proposed a cash dividend of NT$5.0 per share.
The revenue mix shifted notably during the year. Sea freight remained the largest segment at NT$12,645 million (60.8% of revenue, versus 65.6% in FY2024), while air freight gained 5.1 percentage points of mix to 27.8% (NT$5,784 million), driven by sustained high-tech semiconductor export demand. Logistics and other services contributed NT$2,365 million (11.4%).
The balance sheet remained resilient: year-end cash rose by about NT$2.7 billion to NT$8,853 million, and the debt ratio stood at a comfortable 35.98%. Margins, profit and cash held firm through the freight-rate down cycle, underscoring the stability of the group’s network and customer base.












