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Rechi Precision Reports 21% YoY Revenue Growth in September, Shipments Top 18 Million Units
Electronic Technology · Electronic Components · economic_daily · 2026-10-07
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Compressor manufacturer Rechi Precision posted a 21.77% year-on-year revenue increase for September, supported by steady shipments and strategic expansion into automotive and overseas markets.
What Happened
Revenue Performance: Rechi Precision announced September consolidated revenue of NT$1.455 billion, marking a 21.77% increase compared to the same period last year. For the first nine months of the year, cumulative revenue reached NT$16.984 billion, reflecting a steady year-on-year growth of 5.99%.
Shipment Momentum: The company reported September net sales of 1.4283 million units, up 3.14% year-on-year. Cumulative shipments for the first nine months reached approximately 18.0036 million units, representing a 4.84% growth, underscoring the stability of its core compressor business.
Automotive Strategy: Rechi is actively expanding into the automotive sector, with its compressor motors achieving IATF 16949 certification and entering the supply chain for Chinese automakers. The company aims to secure orders from tier-one automotive manufacturers in the coming year to diversify its revenue streams.
Global Expansion: The company is scaling its international footprint, with a new joint venture plant in Egypt scheduled to begin production in Q4, targeting the Middle East and European markets with an annual capacity of 1.5 million units. Additionally, progress at the Daikin joint venture in India is expected to provide long-term operational momentum.