Test Rite Home's IPO Application Passes TWSE Review

The Taiwan Stock Exchange (TWSE) held a securities listing review committee meeting today and approved the initial public offering (IPO) application of Test Rite Home. The case still needs to be submitted to the TWSE board of directors for final approval.

Test Rite Home is a well-known home improvement and DIY retailer in Taiwan. It filed its IPO application at the end of April this year and received approval from the TWSE review committee today.

According to basic information provided by the TWSE, Test Rite Home's IPO capital is NT$960 million. The chairman is He Tangxiong, and the general manager is Zhang Boqing. The company's main business is the sale of home improvement-related products and services, with 100% of its market being domestic.

Over the past three years from 2023 to 2025, Test Rite Home's pre-tax net profits were NT$294 million, NT$173 million, and NT$265 million, respectively. In the first quarter of 2026, its pre-tax net profit was NT$143 million.

Additionally, Test Rite Home's earnings per share (EPS) from 2023 to 2025 were NT$2.89, NT$1.70, and NT$2.39, respectively. In the first quarter of this year, its EPS was NT$1.39.