Lungteh Shipbuilding (6753) Q2 2026 earnings summary

Executive summary

• Revenue for the first half of 115 was NT$2,849,125 thousand, up from NT$2,360,061 thousand year-over-year.

• Net income for the same period was NT$767,623 thousand, a significant increase from NT$222,747 thousand year-over-year.

• Gross margin improved to 39% for the first half of 115, compared to 19% in the prior year.

• Basic EPS for the first half of 115 was NT$6.55, up from NT$1.97 year-over-year.

Financial highlights

• Operating income for the first half of 115 was NT$974,312 thousand, up from NT$383,780 thousand year-over-year.

• Cash and cash equivalents at June 30, 115 were NT$2,512,563 thousand, down from NT$2,944,413 thousand a year earlier.

• Total assets as of June 30, 115 were NT$10,836,426 thousand, slightly down from NT$10,949,637 thousand year-over-year.

• Total liabilities decreased to NT$5,517,056 thousand from NT$7,178,890 thousand year-over-year.

• Equity increased to NT$5,319,370 thousand from NT$3,770,747 thousand year-over-year.

Outlook and guidance

• Outstanding contract value for incomplete projects as of June 30, 115 was NT$3,952,568 thousand, with expected completion in 1 to 26 months.

• The company expects to recognize revenue as shipbuilding projects are completed.