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HannStar Q3 Earnings Turn Profitable Driven by Asset Disposal Gains
Electronic Technology · Electronic Components · economic_daily · 2026-11-05
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HannStar Display reported a Q3 profit of NT$1.81 billion, or NT$0.64 per share, bolstered by the sale of its Tainan plant to Siliconware Precision Industries.
What Happened
Financial Performance: HannStar Display reported third-quarter revenue of approximately NT$2.562 billion, a 17% decrease from the previous quarter. Despite operating losses, the company achieved a net profit of NT$1.81 billion, resulting in an EPS of NT$0.64, thanks to the gain from selling its Tainan facility.
Shipment Overview: Total shipments for the third quarter fell by 17.44% sequentially, with an average selling price of US$32. Mid-sized tablet panels dominated the product mix, accounting for 68% of total sales, while mobile and large-sized panels represented 18% and 14%, respectively.
Year-to-Date Results: Cumulative revenue for the first nine months reached NT$8.648 billion, slightly down by 0.2% year-on-year. Although the gross margin remained negative, it showed improvement compared to the same period last year, with asset disposal gains pushing the company into profitability with an EPS of NT$0.62.
Key Metrics: The company recorded a gross loss margin of -33% and an operating loss margin of -49% for the quarter. Net profit margin reached 71% due to non-operating income, with the book value per share standing at NT$13.52 at the end of the quarter.