(Central News Agency, Reporter Tseng Jen-kai, Taipei, 11th) Lithium battery module maker Shun Da held its annual general meeting today. Chairman Chung Tsung-ming stated that demand for BBU (Battery Backup Unit) modules continues to expand, and Shun Da is actively expanding new production capacity. With the new capacity coming online by the end of the year, Shun Da is optimistic that its H2 performance this year will be much better than H1, and next year will be even better than this year.
Shun Da's revenue last year was NT$13.218 billion, a year-on-year decrease of 5%. Net profit attributable to the parent company was NT$1.381 billion, a year-on-year decrease of 48%, with earnings per share of NT$9.05. Today's shareholders' meeting approved an extraordinary cash dividend of NT$11.5 per share.
Shun Da explained that the decline in after-tax net profit last year was mainly due to the recognition of a one-time land disposal gain of NT$1.954 billion in 2024, which raised the comparison base. Looking at operating profit, which represents the core business, Shun Da's operating profit last year was NT$1.246 billion, a significant increase of 67.6% compared to 2024. The main driver was the continuous increase in the proportion of BBU shipments.
As AI data centers begin to adopt BBU functionality, it brings new opportunities for Shun Da. Chairman Chung stated today that BBU demand is strong. Shun Da has already laid out production lines at its Taiwan and Thailand plants, with a significant scale of capacity expansion. This is expected to drive a substantial growth in operations starting from Q4 of this year.
Chairman Chung pointed out that this year, Shun Da's non-IT BBU sales proportion is expected to exceed 50%, driving overall revenue to challenge double-digit growth. In terms of operational trends, H2 performance this year will be much better than H1, and next year will be even better than this year. (Editor: Chang Liang-chih) 1150611
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- Source: CNA (Central News Agency)
- Category: Event