Customized Wheel Mold Orders Drive Revenue Growth: SAI Reports March Revenue of NT$683 Million, Up 4.57% YoY. Japanese Automakers Set Recycled Material Targets; SAI’s RESAICAL® Recycled Aluminum Expands Green Business Opportunities

2025/04/08, Yunlin, Taiwan

Global automotive wheel industry leader SuperAlloy Industrial Co., Ltd. (SAI, 1563 TT) announced its consolidated revenue for March 2025 reached NT$683 million, representing a 7.06% increase from NT$638 million in February and marking the third consecutive month of revenue growth. On a year-over-year basis, March revenue rose 4.57% from NT$653 million in March 2024. Cumulative revenue for the first quarter of 2025 totaled NT$1.92 billion, a slight 1.85% decrease from the same period last year.

SAI stated that the growth in March revenue was primarily driven by steady order pull-ins from major luxury automotive brands—including Toyota, Porsche and BMW—for customized wheels. In addition, revenue from newly developed molds for customized wheel products also contributed to the performance.

As global automakers accelerate ESG and sustainability initiatives, Toyota—one of SAI’s major clients—highlighted in its latest January 2025 publication, Toyota’s Role in a Circular Economy, its commitment to increasing the use of recycled materials to 30% by 2030 and integrating its supply chain to enable a low-carbon transformation. This trend supports a favorable business environment for SAI’s RESAICAL® recycled aluminum, with the management targeting to increase the recycled content in its products from 40% in 2024 to 50% in 2025.

SAI remains optimistic about continued demand growth for customized and low-carbon wheels in the global high-end automotive market. The Company plans to further improve production yields and broaden the application of recycled aluminum materials. In addition, SAI is actively exploring opportunities beyond the automotive sector. By leveraging its expanded production capacity, the Company aims to enter high value-added industries such as semiconductors and aerospace, driving business diversification. SAI targets to increase the revenue contribution from non-passenger vehicle wheels from the current 15% to over 40% within three years.

Looking ahead to 2025, SAI is closely monitoring the impact of the new round of U.S. tariff policies. Several automakers have already reported being affected. For instance, Mercedes-Benz is considering withdrawing its entry-level vehicle lines from the U.S. market, while Ferrari, Porsche, and Audi are contemplating price increases in the region to offset tariff-related costs. SAI will continue to engage with its clients to understand their evolving needs and collaboratively develop strategies to mitigate the impact of U.S. tariffs.

<Appendix> Monthly Consolidated Revenue                                Unit: NT$ thousand