Giant Manufacturing (9921) Q2 2026 earnings summary

Executive summary

• Net sales revenue for the six months ended June 30, 2026 was NT$29.19 billion, down 10% year-over-year, with gross profit margin improving to 22% from 19% last year.

• Net profit attributable to owners for the six months was NT$435.06 million, a 22% decrease year-over-year.

• Earnings per share for the six months was NT$1.11, compared to NT$1.42 in the prior year period.

Financial highlights

• Gross profit for the six months was NT$6.50 billion, up from NT$6.22 billion year-over-year, despite lower revenue.

• Operating expenses increased to NT$5.69 billion from NT$5.35 billion year-over-year.

• Profit before income tax for the six months was NT$825.28 million, slightly down from NT$847.87 million year-over-year.

• Cash and cash equivalents at June 30, 2026 were NT$15.48 billion, up from NT$12.65 billion a year earlier.

Outlook and guidance

• The Group continues to monitor the impact of new IFRS standards effective in 2027 and 2028, with no early adoption planned.

• Management is assessing the impact of Pillar Two income tax legislation, with no significant effect as of June 30, 2026.