茂達 (6138.TW) 2025Q4 financial report shows operating expenses of 202.34M TWD, clearly higher than last year, reflecting the company’s steady expansion or strategic adjustments, investing resources to capture growth opportunities. It is recommended to monitor expense control, cash flow, revenue, and profit changes, and compare with peers. Integrating diversified data and Growin AI Value Analysis helps evaluate the effectiveness and sustainability of strategic execution. If expense increases are accompanied by improved operational efficiency, this will become a key foundation for the company’s next stage of growth.