Connector manufacturer Hansin (8103-TW) announced today (28th) its self-reported net profit for July reached NT$64 million, a 93.94% year-on-year increase, with earnings per share (EPS) at NT$0.81. Including first-half profits, EPS totals approximately NT$3.56.

Hansin's July revenue reached NT$395 million, the third-highest monthly revenue in company history, up 5.3% month-on-month and 34.3% year-on-year. Cumulative revenue for the first seven months reached NT$2.403 billion, the best in the same period historically, up 27.6% year-on-year, with after-tax net profit at approximately NT$275 million.

At its most recent investor briefing, Hansin raised its full-year revenue growth target from an initial estimate of around 20% to 20–30%. AI power-related products are expected to see full-year revenue grow 50–100% year-on-year, while server and networking divisions are also outperforming earlier expectations.

Driven by optimistic outlooks, Hansin's stock price began a volume-supported upward trend from mid-August, breaking out of its consolidation range. This week, it reached a high of NT$117, though it corrected today, closing down 4.8% at NT$108.5. Nevertheless, the stock has gained 48% since August.

FACT BOX

  • Source: PR Times
  • Category: News