Huacheng's Q1 Profit Hits New High for the Period, Benefiting from AI Data Center Shipments
Heavy electrical machinery manufacturer Huacheng announced its Q1 financial results, with net profit attributable to owners of the parent company reaching NT$1.038 billion, a 20.7% year-on-year increase, setting a new record for the same period. Earnings per share were NT$3.29. The company's performance was driven by strong demand for power transformers for AI data centers.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 19:28
- 🔍 Collected: May 11, 2026 at 20:02 (33 min after Published)
- 🤖 AI Analyzed: May 11, 2026 at 21:41 (1h 39m after Collected)
Central News Agency
(Central News Agency reporter Chung Jung-feng, Taipei, 11th) Heavy electrical machinery giant Huacheng announced its first-quarter financial report this evening. The net profit attributable to owners of the parent company for the single quarter was NT$1.038 billion, a year-on-year increase of 20.7%, setting a new record for the same period in previous years. Basic earnings per share were NT$3.29.
Huacheng's consolidated revenue for the first quarter was NT$4.756 billion, a year-on-year increase of 7.58%, also a new high for the same period. The consolidated gross profit margin for the single quarter was 43.6%, an increase of 1.4 percentage points quarter-on-quarter, continuing to set a new single-quarter high. The operating profit margin for the first quarter was 21.2%, an increase of 2 percentage points quarter-on-quarter.
Huacheng also announced its self-reported consolidated revenue for April today, which was NT$2.249 billion, a month-on-month increase of 10.43% and a year-on-year increase of 6.38%, setting a new high for the same period. The cumulative self-reported revenue for the first four months of this year was NT$7.005 billion, a year-on-year increase of 7.2%, also a new high for the same period.
Huacheng continues to benefit from the strong pull-in of power transformers for artificial intelligence (AI) data centers. Huacheng previously expected that this year's export ratio would increase to 60% of total revenue, and the proportion of AI data center orders in the overall order scale is estimated to exceed 20% this year.
Heavy electrical machinery manufacturer Shihlin Electric also announced its self-reported consolidated revenue for April today, which was NT$3.404 billion, a month-on-month decrease of 19.5% but a year-on-year increase of 32.53%, also setting a new high for the same period. The cumulative self-reported revenue for the first four months of this year was NT$14.963 billion, a year-on-year increase of 16.32%, setting a new record for the same period in previous years.
Shihlin Electric pointed out that its heavy electrical machinery business continues to benefit from orders released by Taiwan Power Company's grid strengthening plan this year. In addition, the application of AI has driven semiconductor technology companies to actively expand their factories, accelerating the pull-in of heavy electrical equipment such as transformers. (Editor: Huang Kuo-lun) 1150511
Stand with the facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.
(Central News Agency reporter Chung Jung-feng, Taipei, 11th) Heavy electrical machinery giant Huacheng announced its first-quarter financial report this evening. The net profit attributable to owners of the parent company for the single quarter was NT$1.038 billion, a year-on-year increase of 20.7%, setting a new record for the same period in previous years. Basic earnings per share were NT$3.29.
Huacheng's consolidated revenue for the first quarter was NT$4.756 billion, a year-on-year increase of 7.58%, also a new high for the same period. The consolidated gross profit margin for the single quarter was 43.6%, an increase of 1.4 percentage points quarter-on-quarter, continuing to set a new single-quarter high. The operating profit margin for the first quarter was 21.2%, an increase of 2 percentage points quarter-on-quarter.
Huacheng also announced its self-reported consolidated revenue for April today, which was NT$2.249 billion, a month-on-month increase of 10.43% and a year-on-year increase of 6.38%, setting a new high for the same period. The cumulative self-reported revenue for the first four months of this year was NT$7.005 billion, a year-on-year increase of 7.2%, also a new high for the same period.
Huacheng continues to benefit from the strong pull-in of power transformers for artificial intelligence (AI) data centers. Huacheng previously expected that this year's export ratio would increase to 60% of total revenue, and the proportion of AI data center orders in the overall order scale is estimated to exceed 20% this year.
Heavy electrical machinery manufacturer Shihlin Electric also announced its self-reported consolidated revenue for April today, which was NT$3.404 billion, a month-on-month decrease of 19.5% but a year-on-year increase of 32.53%, also setting a new high for the same period. The cumulative self-reported revenue for the first four months of this year was NT$14.963 billion, a year-on-year increase of 16.32%, setting a new record for the same period in previous years.
Shihlin Electric pointed out that its heavy electrical machinery business continues to benefit from orders released by Taiwan Power Company's grid strengthening plan this year. In addition, the application of AI has driven semiconductor technology companies to actively expand their factories, accelerating the pull-in of heavy electrical equipment such as transformers. (Editor: Huang Kuo-lun) 1150511
Stand with the facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.