Huang Hsiang Construction Hopes for Easing of Credit Controls; SOGO Dunhua Store Redevelopment Under Planning

Central News Agency, Taipei, June 1. Huang Hsiang Construction General Manager Liao Yu-hsiang, discussing the outlook for the second half of the year, stated that the central bank's real estate control policies have put significant pressure on the market, leading to a noticeable decline in transaction volume. He expressed hope that the central bank would 'adjust' its credit controls. Regarding the plan to redevelop the SOGO Dunhua store into luxury housing, he confirmed it has been delayed and is currently under planning, with no specific industry restrictions for potential tenants. Huang Hsiang held its shareholders' meeting today. Liao noted that high construction costs last year, combined with government policies and credit controls, have made operations more challenging. Huang Hsiang's 2025 revenue was NT$6.076 billion, down 50.97% year-on-year, with a net profit of NT$681 million, down 77.03%, and an EPS of NT$1.92. The company remains cautiously optimistic for this year, focusing on prime land development. Investments in tech stocks like Delta Electronics and Nanya Technology are described as flexible short-term capital arrangements.