Ennoconn: Gross Margin to Rebound from Q2, Maintaining Stable Growth Target for the Year
Industrial PC maker Ennoconn announced it expects its gross margin to rebound from the second quarter. Backed by an order backlog of NT$215 billion, the company maintains its goal of stable growth for the full year 2026.
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- 📰 Published: May 15, 2026 at 19:55
- 🔍 Collected: May 15, 2026 at 20:02 (7 min after Published)
- 🤖 AI Analyzed: May 15, 2026 at 20:18 (15 min after Collected)
(Central News Agency, Taipei, 15th, reported by Wu Chia-hao) Industrial PC manufacturer Ennoconn held an investor conference today, where Chairman Chu Fu-chuan stated that Ennoconn's order backlog continues to rise, having reached NT$215 billion. He expects that from the second quarter of this year, with the shipment of deferred orders and price adjustments with customers, the gross margin will rebound quarterly, and profit will return to year-on-year growth, maintaining the goal of stable growth in revenue, gross margin, and net profit for the full year 2026.
From a business perspective, Chu Fu-chuan believes that the Industrial IoT business will see high growth, the smart software and solutions business will grow steadily, and the smart factory and facility services business will experience high growth.
Ennoconn's consolidated revenue for the first quarter of this year was approximately NT$37.113 billion, a decrease of 6.1% quarterly but an increase of 7.7% annually. Net profit attributable to the parent company was about NT$752 million, down 13.6% quarterly and 9.1% annually, with earnings per share of NT$5.15.
Chu Fu-chuan admitted that Ennoconn's Q1 profit was affected by three major factors, which together eroded about NT$1.7 per share. Firstly, the smart software and solutions business was impacted by deferred orders in Europe. Secondly, component costs for the Industrial IoT business continued to rise, but the benefits of price increases have not yet materialized. Additionally, the German subsidiary's solar business underwent organizational restructuring and business consolidation, reducing its workforce by 600 employees and incurring related expenses.
Chu Fu-chuan said that Ennoconn's order backlog continues to rise, reaching NT$215 billion, and all three major businesses are set to grow. He is confident that profitability will significantly increase in the second quarter and that the first half of the year will show excellent results. (Editor: Lin Chia-hsien) 1150515
From a business perspective, Chu Fu-chuan believes that the Industrial IoT business will see high growth, the smart software and solutions business will grow steadily, and the smart factory and facility services business will experience high growth.
Ennoconn's consolidated revenue for the first quarter of this year was approximately NT$37.113 billion, a decrease of 6.1% quarterly but an increase of 7.7% annually. Net profit attributable to the parent company was about NT$752 million, down 13.6% quarterly and 9.1% annually, with earnings per share of NT$5.15.
Chu Fu-chuan admitted that Ennoconn's Q1 profit was affected by three major factors, which together eroded about NT$1.7 per share. Firstly, the smart software and solutions business was impacted by deferred orders in Europe. Secondly, component costs for the Industrial IoT business continued to rise, but the benefits of price increases have not yet materialized. Additionally, the German subsidiary's solar business underwent organizational restructuring and business consolidation, reducing its workforce by 600 employees and incurring related expenses.
Chu Fu-chuan said that Ennoconn's order backlog continues to rise, reaching NT$215 billion, and all three major businesses are set to grow. He is confident that profitability will significantly increase in the second quarter and that the first half of the year will show excellent results. (Editor: Lin Chia-hsien) 1150515