Lien Yu Metals Joins Thousand-Dollar Stock Club with First-Quarter EPS Exceeding 10
Lien Yu Metals, a recycler and refiner of rare metals tungsten and cobalt, reported record-high Q1 performance with a consolidated revenue of NT$1 billion, a net profit after tax of NT$530 million, and an earnings per share (EPS) of NT$10.87. Driven by soaring international tungsten prices, the company's stock price hit its limit up at NT$1,040, officially making it a member of the exclusive 'thousand-dollar stock' club in Taiwan.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 14:37
- 🔍 Collected: May 18, 2026 at 15:01 (24 min after Published)
- 🤖 AI Analyzed: May 18, 2026 at 15:19 (17 min after Collected)
(CNA, Taipei, 18th, Reporter Pan Chih-yi) Lien Yu Metals, a recycling and smelting plant for rare metals tungsten and cobalt, reported a consolidated revenue of NT$1 billion, a net profit after tax of NT$530 million, and an earnings per share of NT$10.87 for the first quarter, all setting single-quarter historical highs. Driven by the strong earnings report, its stock price surged to the NT$1,040 limit up during today's trading session, joining the ranks of thousand-dollar stocks.
According to international metal market data, the international price of tungsten metal for Q1 2026 has doubled compared to the same period last year, and its recent trend has clearly decoupled from the Chinese domestic market.
Lien Yu Metals stated that its product prices primarily follow international quotations and are less affected by fluctuations in the Chinese market. Amid tight global supply and demand, Lien Yu Metals' pricing power and price elasticity have both increased. Benefiting from steady growth in shipment volumes, this has driven both consolidated revenue and profit to record highs in the first quarter.
Looking ahead to this year, Lien Yu Metals pointed out that thanks to high international prices for tungsten and cobalt and continued demand momentum, revenue and profit are expected to remain at high levels. The overall business outlook is cautiously optimistic. (Editor: Chang Liang-chih) 1150518
According to international metal market data, the international price of tungsten metal for Q1 2026 has doubled compared to the same period last year, and its recent trend has clearly decoupled from the Chinese domestic market.
Lien Yu Metals stated that its product prices primarily follow international quotations and are less affected by fluctuations in the Chinese market. Amid tight global supply and demand, Lien Yu Metals' pricing power and price elasticity have both increased. Benefiting from steady growth in shipment volumes, this has driven both consolidated revenue and profit to record highs in the first quarter.
Looking ahead to this year, Lien Yu Metals pointed out that thanks to high international prices for tungsten and cobalt and continued demand momentum, revenue and profit are expected to remain at high levels. The overall business outlook is cautiously optimistic. (Editor: Chang Liang-chih) 1150518