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Far Eastern New Century (1402) investor relations material
Far Eastern New Century Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 1H26 EPS of NT$1.15, up 74% year-over-year, driven by operational recovery and portfolio optimization initiatives.
Production business returned to profitability in 2026, with 2Q26 operating profit at NT$1.1B, the highest since 2Q22.
Maintained a stable dividend policy with a cash dividend of NT$1.25 per share and an 81% payout ratio.
Recorded a one-off NT$1.9B gain from real estate disposal in 1Q26.
Financial highlights
1H26 consolidated revenue reached NT$130.6B, a 15% increase year-over-year.
1H26 consolidated net income was NT$10.94B, up 73% year-over-year.
2Q26 profit from operations was NT$5.22B, up 44% year-over-year.
Book value per share stood at NT$43.5 as of June 30, 2026.
Green revenue accounted for 19% of consolidated revenue in 1H26.
Outlook and guidance
Demand for both virgin and recycled PET is strengthening, supported by resilient and diversified supply chains.
Regulatory trends are expected to drive further growth in recycled PET demand globally.
Continued focus on sustainability, aiming for 50% green products and raw materials by 2030.
- EPS up 33% YoY to NT$0.61 in 1Q26; net income rose 22% despite a 3.8% revenue drop.1402
Q1 2026 - Revenue and profit grew, supported by telecom, green products, and major acquisitions.1402
Q2 2024 - 2024 saw 5% revenue growth, 22% higher net income, and major events including a plant incident.1402
Q4 2024 - Net income rose 20% on higher revenue, telecom growth, and increased green business share.1402
Q3 2024 - 1H25 saw lower earnings amid production challenges, but green revenue and gross margin improved.1402
Q2 2025 - Net income surged up to 47% in 1Q25, driven by margin gains and green product growth.1402
Q1 2025 - Revenue and net income fell on production headwinds, but telecom and green segments outperformed.1402
Q3 2025 - Earnings fell in 2025 amid operational and market challenges, but R-PET and investment gains provided resilience.1402
Q4 2025
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