Lite-On Technology (2301) investor relations material

Executive summary

• Q2 2026 revenue reached TWD 52.7 billion, up 30% year-over-year and 21% quarter-over-quarter, with net profit after tax at TWD 7.1 billion and EPS of TWD 3.14, both record highs, and Cloud & AIoT segment delivering over 70% yearly growth.

• H1 2026 revenue was TWD 96.1 billion, up 25% YoY, with net profit after tax at TWD 10.9 billion and EPS of TWD 4.8, up 66% YoY.

• Strategic transformation to high-value solutions and AI infrastructure is driving growth and profitability.

• Board approved a Q2 cash dividend of TWD 2.5 per share.

Financial highlights

• Q2 gross profit was TWD 14.3 billion (27.2% margin), up 60% YoY; operating profit was TWD 8.2 billion (15.6% margin), up 120% YoY.

• H1 gross profit was TWD 23.8 billion (24.7% margin), up 38% YoY; operating profit was TWD 12.3 billion (12.8% margin), up 66% YoY.

• Q2 net cash position was TWD 40.8 billion, down TWD 13.8 billion QoQ due to dividend payout and CapEx.

Outlook and guidance

• Gross profit margin is expected to hold steady at 25% for the coming quarters, despite material cost uncertainties.

• 2026 CapEx plan raised to TWD 18 billion, mainly for R&D, production line expansion, and US manufacturing investments.

• AI revenue contribution expected to exceed 30% in 2026, with optimism for Q3 and Q4 revenue and segment performance.