Baorong Achieves Record Q2 Revenue with Over Half from Semiconductor Applications, Profitability Strengthens Beyond Q1

Baorong (2483-TW), driven by increased semiconductor customer orders and active shipments, achieved Q2 2026 revenue of NT$566 million, a record high for the same period, up 17.62% quarter-on-quarter and 20.42% year-on-year. In Q2 2026, both gross margin and operating profit margin improved. Combined with favorable non-operating income and exchange rate factors, Baorong's H1 net profit exceeded NT$43.62 million, with earnings per share (EPS) reaching NT$0.41.

Baorong's Q1 2026 revenue was NT$481 million, with a gross margin of 13.23%, up 4.33 percentage points quarter-on-quarter and 4.84 percentage points year-on-year. Q1 2026 net profit after tax was NT$16.04 million, turning profitable compared to both the previous quarter and the same period last year, with EPS at NT$0.15. The self-reported Q2 figures indicate that Baorong maintained profitable operations in Q2 2026, with strong performance in both core and non-core operations, resulting in revenue and profit exceeding Q1 levels.

Notably, Baorong's Q2 2026 revenue reached NT$566 million, a record high for the period, with semiconductor applications accounting for 50.4% of revenue, driving upward trends in gross margin and operating net profit margin for the quarter.

Baorong's full-year 2025 revenue was NT$1.762 billion. Statistics show that in 2025, semiconductor business revenue accounted for 48.91% of total revenue. In Q1 2026, semiconductor business revenue exceeded 50%, surpassing the 2025 average shipment ratio. With Q2 revenue rising, semiconductor application business accounted for 50.4%.

Baorong announced June 2026 revenue of NT$198 million, up 9.2% month-on-month and 34.28% year-on-year. Monthly net profit after tax was NT$25.26 million, with monthly EPS reaching NT$0.24, already surpassing Q1's total profit. Q2 revenue of NT$566 million set a new record, up 17.62% quarter-on-quarter and 20.42% year-on-year. H1 revenue was NT$1.046 billion, up 17.45% year-on-year.

Baorong's Q2 2026 shipment mix was: semiconductor applications at 50.4%, electronic components including relays at 33%, and stepper motors at 16.6% of revenue.

With continued strong semiconductor customer demand and follow-up orders, Baorong's board approved the acquisition of a factory and land on Gongyi 1st Road in Taichung Industrial Park for NT$323 million to further develop this business segment. This is the second major production-use commercial real estate acquisition in Taichung Industrial Park this year, following Largan (3008-TW). The acquired land and factory on Gongyi 1st Road cover 702 ping, and the company plans to invest additional funds to purchase equipment and rebuild the facility to accommodate heavy-duty stamping machines, developing production of high-power heat sinks.

Baorong's Q1 2026 revenue was NT$481 million, gross margin 13.23%, up 4.33 percentage points quarter-on-quarter and 4.84 percentage points year-on-year. Q1 2026 net profit after tax was NT$16.04 million, turning profitable compared to both the previous quarter and the same period last year, with EPS at NT$0.15.