Changkong* Q2 Profit Surges 5-Fold, EPS Reaches NT$0.71; Q3 Revenue Forecast to Grow Double Digits

Taiwan-based lead frame manufacturer Changkong* (6548-TW) held its earnings conference today (29th) and released its second-quarter financial report. Benefiting from a significant rebound in customer demand, net profit attributable to owners reached NT$656 million, up 40% quarter-on-quarter and 543% year-on-year. Earnings per share (EPS) stood at NT$0.71, marking the highest quarterly level since Q4 2022. Looking ahead to Q3, Changkong* remains optimistic, expecting double-digit sequential revenue growth and another record high.

Changkong*'s Q2 revenue reached NT$4.315 billion, up 18% QoQ and 33% YoY, setting a new historical high for a single quarter. Gross margin stood at 22.7%, up 1 percentage point QoQ and 2 percentage points YoY. Operating margin was 14.7%, up 0.9 points QoQ and 3.5 points YoY. Net profit attributable to owners of the parent company was NT$656 million, up 40% QoQ and 543% YoY. EPS was NT$0.71, the highest quarterly figure since Q4 2022.

By application, revenue contributions from 3C, industrial control, and automotive were 46%, 28%, and 24%, respectively. All three major segments maintained growth momentum. Notably, industrial control's revenue share increased by 4 percentage points QoQ—the most significant rise—driven by growing shipments of related products into data centers, robotics, and low-Earth orbit (LEO) satellite applications. This reflects the increasing contribution of high-growth markets to the company’s revenue, which is expected to fuel future growth.

For Q3, Changkong* expects continued market demand recovery and sustained customer procurement momentum. Growth drivers have expanded from single products and applications to major product lines and end markets. The company anticipates continued operational growth this quarter, with revenue having the potential to achieve double-digit sequential growth. Changkong* maintains a positive and optimistic outlook for future operations.