Nan Ya Printed Circuit Board (8046) Q2 2026 earnings summary

Executive summary

• Consolidated revenues reached NTD 24,752.7 million in 2026H1, reflecting robust growth driven by high-end server, switch, and enterprise SSD IC substrate demand.

• Market value stood at NTD 765.7 billion as of June 30, 2026.

• Operations span Taiwan, Mainland China, and the USA, focusing on IC substrates and PCBs.

• Consolidated financial statements for the six months ended June 30, 2026 and 2025 were reviewed by independent auditors, with no material misstatements identified.

Financial highlights

• 2026H1 revenues increased 37.2% year-over-year to NTD 24,752.7 million, following an 18.5% rise in 2025H1.

• Net profit for 2026H1 was NT$3,570,410 thousand, compared to NT$20,044 thousand in 2025H1.

• Operating profit in 2026H1 surged by NTD 3,852.4 million year-over-year, reaching NTD 4,251.6 million.

• Gross profit margin improved to 21% from 7% year-over-year.

• Basic and diluted EPS for 2026H1 were both NT$5.53, up from NT$0.03 in 2025.

Outlook and guidance

• Continued expansion into high-value ABF substrates for next-gen AI servers, CPUs, and high-speed switches.

• Mass production of substrate chips for high-end AI PCs and edge AI applications planned.

• Focus on product, business, digital, and low-carbon transformations to drive future growth.

• The group does not expect new or amended IFRS standards effective in 2027 and 2028 to have a significant impact.

• Management continues to monitor global minimum tax developments, with no material impact expected from Pillar Two legislation.