Tonghui-KY's First-Half EPS of 4.75 Yuan Already Approaches 2025 Full-Year Target

Tonghui Electronics - KY (6672-TW), a copper-clad laminate (CCL) manufacturer, announced its latest financial results on July 7, 2026. The company reported a net profit after tax of NT$357 million for the first half of 2026, representing a 59.8% year-over-year increase. Earnings per share (EPS) reached 4.75 yuan, approaching the 2025 full-year target of 4.85 yuan.

In the second quarter of 2026, Tonghui Electronics - KY achieved revenue of NT$1.614 billion with a gross margin of 35.98%. This represents a 1.96 percentage point sequential increase and a 5.89 percentage point year-over-year improvement. Net profit after tax for the quarter was NT$234 million, up 89.24% sequentially and 1.64 times year-over-year. EPS for the quarter was 2.96 yuan.

For the first half of 2026, Tonghui Electronics - KY reported revenue of NT$2.859 billion with a gross margin of 35.13%, representing a 3.11 percentage point year-over-year improvement. Net profit after tax for the period was NT$357 million, up 59.8% year-over-year, with EPS reaching 4.75 yuan.

Tonghui Electronics - KY has long been committed to optimizing its product portfolio, leveraging its strong R&D capabilities and leading technologies to precisely capture the needs of high-end application markets, earning customer trust. The company has seen explosive growth in high-margin aerospace heat dissipation materials and non-flow PP sheet products. Additionally, benefiting from the rapid expansion of the global AI server market, orders for high-speed transmission materials have repeatedly reached new highs. Combined with the sustained effect of the product price increase cycle, the company's revenue scale has significantly expanded, with the proportion of high-margin products also increasing. Driven by both revenue and gross margin, the company has rewritten new milestones in recent years.

In terms of revenue performance, Tonghui Electronics - KY's July revenue broke through NT$670 million, up 16% month-over-month and 91% year-over-year, setting a new monthly high in nearly four years. Cumulative revenue for the first seven months reached NT$3.5 billion, up 42% year-over-year. Order demand remains robust, with defense and aerospace materials maintaining strong growth as the core pillar of operations.

At the same time, Tonghui - KY has seen a significant increase in orders for high-end high-speed materials, with the shipment scale of optical modules and other special materials continuing to expand. RCC/RCF high-power thin film products have officially entered the accelerated production phase, with market penetration rates rapidly increasing. More notably, driven by the ultra-high-speed development of AI applications and the serious spillover effect of high-end HDI orders, the proportion of high-end products in orders continues to rise rapidly. In AR/VR, robotics, eVTOL, autonomous driving, intelligent cockpits, domain controllers, and 800V/400V AI server power supplies, the company has completed customer certifications and entered mass production and delivery, beginning to make substantial contributions to revenue.