Hwang Chang General Contractor (2543) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2026, was NT$7,743,874 thousand, up from NT$5,002,541 thousand year-over-year, driven by strong construction segment performance.

• Net income for the six months ended June 30, 2026, was NT$724,188 thousand, compared to NT$655,223 thousand for the same period in 2025.

• Major projects included MRT lines, urban railway, social housing, and marine engineering, with significant contracts from government entities.

Financial highlights

• Gross profit margin for the six months ended June 30, 2026, was 16%, down from 19% year-over-year.

• Operating income for the six months ended June 30, 2026, was NT$953,903 thousand, up from NT$715,254 thousand year-over-year.

• Basic and diluted EPS for the six months ended June 30, 2026, were both NT$1.34, compared to NT$1.22 for the same period in 2025.

• Cash and cash equivalents decreased to NT$424,215 thousand as of June 30, 2026, from NT$1,328,954 thousand at year-end 2025.

Outlook and guidance

• Outstanding performance obligations as of June 30, 2026, totaled NT$156,844,387 thousand, to be recognized as revenue through 2035.

• Major customers, including Taipei City Government and CPC Co., Ltd., accounted for nearly 80% of revenue.