Cheng Shin Industrial Achieves New High with NT$11.68 Billion Revenue in July 2026; First-Half Net Profit Reaches NT$11.06 Billion, Up 2.09x. AI Demand Drives Growth

PCB and semiconductor manufacturer Cheng Shin Industrial (2467-TW) announced its latest revenue information for 2026 on August 8. The company's July 2026 revenue reached NT$11.68 billion, setting a new record high. This follows the company's May revenue of NT$10.22 billion, which marked another significant breakthrough as it surpassed the NT$10 billion mark for a single month. Meanwhile, Cheng Shin's first-half net profit after tax was NT$11.06 billion, up 2.09 times year-over-year, with earnings per share reaching NT$7.16.

Cheng Shin's July 2026 revenue was NT$11.68 billion, up 34.33% month-over-month and 1.32 times year-over-year. Its cumulative revenue for January-July was NT$62.12 billion, surpassing the 2025 full-year revenue of NT$61.02 billion, up 87.05% year-over-year.

Cheng Shin's second-quarter 2026 revenue was NT$27.83 billion, with a quarterly net profit after tax of NT$6.4 billion, up 37.33% quarter-over-quarter. The company's earnings per share for the quarter were NT$4.1. Cheng Shin's first-half 2026 revenue was NT$50.44 billion, up 78.92% year-over-year. The net profit after tax attributable to the parent company was NT$11.06 billion, up 2.09 times year-over-year, with earnings per share of NT$7.16.

As part of TSMC's (2330-TW) supply chain, Cheng Shin's 2026 operations were primarily driven by two growth engines: advanced packaging and advanced PCB. With the continuous expansion of AI and high-performance computing demand, Foundry and OSAT customers are increasing their capital expenditures on advanced packaging, driving related equipment demand. In the advanced PCB sector, IC substrate and HLC high-end multilayer board manufacturers are also significantly increasing their capital expenditures, boosting equipment orders and shipments.

In the first quarter of 2026, Cheng Shin's revenue from the semiconductor industry accounted for 50%, demonstrating the company's continued deepening of its transformation strategy. Looking at the second quarter alone, revenue was NT$27.83 billion, up 23.04% quarter-over-quarter. Net profit after tax was NT$6.4 billion, up 37.33% quarter-over-quarter and 2.09 times year-over-year. Looking ahead, Cheng Shin remains optimistic about the growth driven by AI infrastructure, which is expected to boost investment demand for advanced packaging and advanced PCB.