Lungteh Shipbuilding (6753) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 115 was NT$1,324,923 thousand, up 7% year-over-year from NT$1,236,952 thousand.

• Net income for Q1 115 reached NT$317,126 thousand, a 89% increase from NT$167,704 thousand in Q1 114.

• Gross margin improved to 33% from 19% year-over-year, reflecting better cost control and higher sales mix.

• Basic EPS for Q1 115 was NT$2.70, up from NT$1.48 in Q1 114.

Financial highlights

• Operating income for Q1 115 was NT$383,922 thousand, up 94% year-over-year.

• Operating expenses increased to NT$54,662 thousand from NT$37,827 thousand year-over-year.

• Cash and cash equivalents at Q1 115 end were NT$2,838,935 thousand, down from NT$3,239,995 thousand at year-end 114.

• Total assets as of Q1 115 were NT$10,821,486 thousand, with equity at NT$5,014,378 thousand.

• Net cash outflow from operating activities was NT$802,716 thousand in Q1 115.

Outlook and guidance

• Outstanding contract value for incomplete shipbuilding projects was NT$5,252,410 thousand, to be recognized over the next 1–29 months.

• 114-year dividend proposal includes NT$1.25 per share in cash dividends, pending shareholder approval.