TCC Group Holdings (1101) investor relations material

Executive summary

• Q2 FY26 revenue reached NT$38.12B, up 7.8% year-over-year; 1H FY26 revenue was NT$71.3B, up 1.4% year-over-year, with cement contributing 84% of Q2 revenue.

• Net income attributable to shareholders for Q2 was NT$3.37B, up 361% year-over-year; 1H net income was NT$4.57B, up 205% year-over-year.

• EPS for Q2 was NT$0.29; 1H EPS surged 442.9% to NT$0.38.

• Total comprehensive income for 1H was NT$15.66B, compared to a loss of NT$20.59B in 2025.

• Cement accounted for 84% of Q2 revenue; regional mix: Taiwan & Mainland China 37%, Turkey & Portugal 46%.

Financial highlights

• Q2 gross profit was NT$6,783M, up 26.9% year-over-year; 1H gross profit was NT$12.99B, with gross margin at 18%.

• Q2 operating income more than doubled to NT$2,378M; 1H operating income was NT$7.82B, with margin at 11%.

• Adjusted 1H net income (including FVOCI equity instrument disposal gain) was NT$9,214M, with adjusted EPS at NT$1.18.

• Total assets as of June 30, 2026 were NT$596.0B, up from NT$566.9B a year earlier.

• Cash, cash equivalents, and current financial assets totaled NT$128,297M at Q2 end.

Outlook and guidance

• Proceeds from equity disposals in Q1 2026 are earmarked to optimize capital structure and support core business development.

• The company is assessing the impact of new IFRS standards effective in 2027 and 2028, with no early adoption planned.

• Continued prudent management of non-core equity investments to enhance long-term shareholder value.

• Management continues to monitor market and regulatory changes, including carbon fee regulations and energy transition policies.