Taiwan Rong Technology Announces H1 Financials with EPS of NT$1.44, IPO Listed on July 22

Taiwan Rong Technology (6947-TW), a professional Class A hazardous waste treatment provider, is set to list on the stock exchange on July 22, 2026. The company announced today (20th) its latest financial results, reporting a net profit of NT$135 million for the first half of 2026 (January–June), an 8.92-fold year-on-year increase, with earnings per share (EPS) reaching NT$1.44.

For the cumulative period of January to June 2026, Taiwan Rong recorded revenue of NT$853 million, a 71.42% increase compared to the same period last year. Gross margin stood at 37.92%, up 21.15 percentage points year-on-year. Net profit after tax reached NT$135 million, an 8.92-fold increase, with EPS at NT$1.44.

In Q2 2026, the company achieved revenue of NT$440 million, with a gross margin of 37.33% (a 1.24% sequential decline). Quarterly net profit reached NT$80.03 million, a 44.44% increase quarter-on-quarter, with EPS of NT$0.85.

Taiwan Rong’s strong financial performance is primarily driven by the ongoing expansion of Taiwan’s semiconductor supply chain, which continues to fuel high demand for hazardous industrial waste liquid treatment in the semiconductor sector. Additionally, HanYang Green Energy, a 100%-owned subsidiary, has been operating commercially since the end of 2025 and has maintained full capacity in processing municipal solid waste and general industrial waste, with stable power generation efficiency.

With the rapid growth in AI infrastructure demand, Taiwan’s semiconductor manufacturers are expanding production capacity. As advanced process nodes come online, the volume and complexity of specialty chemical solvents used in semiconductor manufacturing have increased, leading to waste treatment demand exceeding Taiwan’s current processing capacity.

Taiwan Rong continues to maintain a leading position in hazardous waste treatment. The company operates an integrated treatment chain combining incineration and distillation, with monthly permitted capacities of 3,848 tons for incineration and 2,880 tons for physical treatment. Through precise material blending and data-driven analysis, it ensures stable calorific value and high-efficiency processing. Especially amid sustained high demand from the semiconductor industry, Taiwan Rong leverages its long-standing experience serving international semiconductor and electronics giants, supported by rigorous pollution control systems and an average annual operating days exceeding 300.

HanYang Green Energy, a wholly-owned subsidiary of Taiwan Rong, signed a BOO investment agreement with Hsinchu County Government in 2020 and officially commenced commercial operations on December 31, 2025. Since then, it has processed over 140,000 tons of municipal waste from 13 townships across Hsinchu County, effectively resolving the county’s historical lack of incineration facilities. All municipal waste in the county is now handled by HanYang Green Energy, which has cumulatively generated 140 million kWh of electricity for local residents. With a renewable energy conversion efficiency exceeding 25%, the facility has successfully demonstrated waste-to-energy and resource recycling achievements.