Han Chuan Q2 Net Profit Rises 36% Sequentially, EPS of NT$1.58 Sets New Record for Same Period

Connector manufacturer Han Chuan (8103-TW) announced its second-quarter financial report today (6th), revealing a post-tax net profit of NT$123 million, representing a 36.20% increase from the previous quarter and a 217.29% surge year-on-year. Earnings per share (EPS) reached NT$1.58, setting a new historical high for the same period. For the first half of the year, post-tax net profit amounted to NT$214 million, up 101.25% year-on-year, with EPS at NT$2.75.

Han Chuan's Q2 revenue reached NT$1.097 billion, up 20.59% sequentially and 28.99% year-on-year. Gross margin stood at 37%, down 0.97 percentage points from the prior quarter and 0.48 percentage points from the same period last year. Operating profit was NT$178 million, up 37.32% sequentially and 26.95% year-on-year. Operating margin reached 16.21%, an increase of 1.98 percentage points from the previous quarter but down 0.26 percentage points year-on-year.

For the first half of the year, total revenue was NT$2.008 billion, up 26.34% year-on-year. Gross margin improved to 37.44%, up 1.51 percentage points from the same period last year. Operating profit rose to NT$307 million, up 48.75% year-on-year, with operating margin at 15.32%, up 2.31 percentage points annually.

Han Chuan benefited from increasing contributions from high-margin AI-related products, which boosted second-quarter operations. The company remains optimistic, expecting performance to reach new highs each quarter in the second half. Analysts estimate that Han Chuan's full-year revenue could grow approximately 20% year-on-year, potentially reaching NT$4 billion, with EPS projected between NT$6 and NT$7, possibly challenging historical records.