Chunghwa Precision Test Tech (6510) Q2 2026 earnings summary

Executive summary

• Achieved strong revenue and profit growth in 2Q26 and the first half of 2026, with net revenue for the six months ended June 30, 2026, at $2,996,984 thousand, up 27% year-over-year.

• Net income for the six months ended June 30, 2026, was $831,383 thousand, a 93% increase year-over-year.

• Gross margin improved to 57.5% in 2Q26 and 57% for the first half, up from 55% year-over-year.

• EPS rose to NT$15.02 in 2Q26 and NT$25.45 basic for the first half, both showing significant year-over-year increases.

• Benefited from robust demand in the semiconductor and HPC markets, with notable expansion in probe card applications.

Financial highlights

• Net revenue reached NT$1,640 million in 2Q26, up 35% year-over-year and 21% sequentially.

• Operating income for the six months ended June 30, 2026, was $966,915 thousand, up 71% year-over-year.

• Cash and cash equivalents increased to $5,438,584 thousand from $3,823,403 thousand year-over-year.

• Free cash flow for 2Q26 was NT$168 million.

• Significant increase in other current financial assets to $1,986,996 thousand from $161,190 thousand year-over-year.

Outlook and guidance

• Industry forecasts indicate a 27.2% CAGR for the worldwide semiconductor market from 2025 to 2029.

• MEMS probe card market expected to grow at a 12.8% CAGR over the same period.

• Management expects continued growth, supported by strong demand in semiconductor testing and PCB production.

• Worldwide HPC market sales projected to see strong double-digit growth, with processors and TPUs leading.

• No material impact anticipated from new or pending IFRS standards.