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Evergreen Steel Reports 11.8% Revenue Growth in August with Strong Order Backlog
Producer Manufacturing · Metal Fabrication · economic_daily · 2026-09-10
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Evergreen Steel announced August revenue of NT$1.41 billion, up 11.8% year-on-year, supported by robust demand for tech facilities and AI infrastructure.
What Happened
Revenue Performance: Evergreen Steel reported a consolidated revenue of NT$1.41 billion for August, marking an 11.8% year-on-year increase. Cumulative revenue for the first eight months reached NT$10.5 billion, reflecting a 7.2% growth compared to the same period last year, with analysts noting an acceleration in project recognition.
Order Backlog: The company currently holds over 250,000 metric tons of orders, significantly exceeding its annual production capacity of 160,000 to 170,000 tons. Driven by AI infrastructure, semiconductor facility construction, and urban renewal projects, visibility for these orders extends into the first half of next year.
Diversified Portfolio: Beyond its core steel structure business, environmental and green energy investments account for approximately one-quarter of total revenue. Subsidiaries such as Xinrong Enterprise and Rongding Green Energy provide stable cash flows, contributing to the company's long-term operational stability.
Market Outlook: Entering the peak construction season in Q4, the company is well-positioned to convert its backlog into revenue. Supported by ongoing capital expenditures in the semiconductor supply chain and data centers, Evergreen Steel is expected to maintain growth momentum through the end of the year.