Hwang Chang General Contractor (2543) Q2 2026 earnings summary

Executive summary

• Revenue for the first half of 115 was NT$7,743,874 thousand, up 55% year-over-year; net income attributable to parent was NT$707,652 thousand, up 11%.

• Gross margin for the period was 16%, slightly down from 19% in the prior year.

• Major public infrastructure projects contributed to strong revenue growth.

Financial highlights

• Operating income for 115 H1 was NT$953,903 thousand, up from NT$715,254 thousand year-over-year.

• Basic and diluted EPS for 115 H1 were both NT$1.34, compared to NT$1.22 in 114 H1.

• Cash and cash equivalents at June 30, 115 were NT$424,215 thousand, down from NT$1,486,082 thousand a year earlier.

• Total assets at June 30, 115 were NT$23,189,820 thousand, up from NT$19,126,953 thousand a year earlier.

• Total liabilities increased to NT$13,433,811 thousand from NT$9,204,020 thousand year-over-year.

Outlook and guidance

• Outstanding contract value as of June 30, 115 was NT$156,844,387 thousand, with major projects expected to complete between 116 and 124.

• Management expects continued revenue recognition as large-scale infrastructure projects progress.