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Farglory Free Trade Zone Profit Surges 67% in H1, Outlook Remains Bullish

Transportation · Other Transportation · cnyes · 2026-09-02

5607

Air cargo logistics provider Farglory Free Trade Zone reported a 67% profit jump in H1, with analysts expecting continued growth into the peak season.

What Happened

Financial Performance: Farglory Free Trade Zone (5607-TW) reported a strong first half, with net profit reaching NT$808 million, a 67% year-over-year increase. Earnings per share (EPS) stood at NT$2.18, supported by four consecutive months of record-breaking revenue.

Competitive Edge: Analysts noted that the company's import and export cargo volume grew by 29.3% in H1, significantly outperforming peers and raising its market share to 38.8%. Given that approximately 55% of its costs are fixed, the company is benefiting significantly from operating leverage as revenue scales.

Growth Outlook: With the air cargo peak season beginning in September, analysts expect cargo volumes to continue rising. The company's year-over-year revenue growth is projected to accelerate in the third and fourth quarters, providing a strong tailwind for profitability.

Core Business: The company operates Taiwan's only air-side free trade zone, offering services such as customs clearance, cargo handling, warehousing, and facility leasing. As air freight demand remains robust, the company is well-positioned to capitalize on current market trends.

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