Hon Hai's Singapore Subsidiary Invests Another US$129 Million in Mexico

(CNA, Taipei, 21st) Hon Hai announced today on behalf of its Singapore subsidiary, Cloud Network Technology Singapore Pte. Ltd., the acquisition of shares in its Foxconn Industrial Internet (FII) Mexican subsidiary, FII AMC MEXICO S. DE R.L. DE C.V. The investment amount is US$89.5 million for approximately 1.674 billion shares at a price of US$0.05 per share. Hon Hai stated that the purpose of this transaction is for long-term investment, primarily using its own funds. Since 2024, Hon Hai has successively announced investments by its Singapore subsidiary into FII's Mexican subsidiary. Hon Hai also announced today, on behalf of the same Singapore subsidiary, the acquisition of shares in its Ingrasys Technology Mexico company. The total transaction amount is US$39.5 million for approximately 727 million shares at US$0.05 per share. This is also funded by its own capital and intended for long-term investment. Hon Hai's Q1 profit attributable to owners of the parent company was NT$49.919 billion, a 10% increase from NT$45.212 billion in Q4 of last year and a 19% increase from NT$42.108 billion in the same period of 2025. The Q1 net profit margin was 2.36%, an increase of 0.62 percentage points from 1.73% in Q4 of last year, but a decrease of 0.21 percentage points from 2.56% in the same period of 2025. Hon Hai's Q1 basic earnings per share (EPS) was NT$3.56, outperforming the EPS of NT$3.23 in Q4 of last year and NT$3.03 in the same period of 2025.