ITEQ (6213) investor relations material

Executive summary

• Achieved significant revenue and profit growth in 2Q26 and for the six months ended June 30, 2026, driven by robust demand in infrastructure and automotive segments.

• Maintained leadership in specialty laminate market with 15.5% global share in 2025.

• Net profit for the six months ended June 30, 2026 was NTD 1,593,884 thousand, a significant increase from NTD 757,245 thousand in the prior year period.

• Comprehensive income for the period was NTD 808,307 thousand, reversing a loss of NTD 1,610,812 thousand year-over-year.

• Continued investment in R&D and capacity expansion to support innovation and meet rising demand.

Financial highlights

• 2Q26 revenue reached NT$11,530M, up 26.1% QoQ and 29.9% YoY; six-month revenue was NTD 20,673,078 thousand, up from NTD 16,457,210 thousand YoY.

• Gross profit surged 143.2% QoQ and 83.5% YoY to NT$2,539M in 2Q26; gross profit margin for six months was 17%, up from 15% YoY.

• Operating profit rose 335.8% QoQ and 134.5% YoY to NT$1,848M in 2Q26.

• Net income to parent was NT$1,279M in 2Q26, up 306.0% QoQ and 204.5% YoY; EPS NT$3.52. Six-month basic and diluted EPS were NTD 4.39 and NTD 4.38.

• Cash and cash equivalents at June 30, 2026 were NTD 2,821,893 thousand, down from NTD 4,989,377 thousand at December 31, 2025.

Outlook and guidance

• Secular growth expected from network infrastructure upgrades and automotive electronics.

• Anticipates continued demand for high-speed/frequency materials, especially for AI servers and EVs.

• Management expects the adoption of new IFRS standards in 2027 and 2028 to have no significant impact on future financial statements.

• No seasonality or cyclicality factors are expected to affect operations.