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Green Power Reports Record H1 Profits, Eyes AI Server Recycling Market
Industrial Services · Environmental Services · economic_daily · 2026-08-21
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Resource recycler Green Power achieved record-breaking H1 earnings through operational optimization and is now evaluating entry into the AI server recycling sector.
What Happened
Financial Performance: Green Power reported H1 revenue of NT$446 million, with a net profit of NT$33.64 million and an EPS of NT$0.67, marking record highs since its listing. The second-quarter gross margin reached 20.4%, reflecting significant improvements in profitability and operational efficiency.
Operational Strategy: The company has implemented a 'price-volume balance' strategy, focusing on optimizing production efficiency and strict cost control. By upgrading the quality of its recycled output, Green Power continues to maintain a strong market share in the processing of waste home appliances and IT equipment.
AI Market Potential: Capitalizing on the AI boom, the company is evaluating the recycling of large-scale AI server equipment to tap into the high-value recycled copper market. This strategic move is expected to provide a new growth engine as demand for AI-related hardware increases.
Resource Recycling: With a resource recovery rate nearing 80%, Green Power has successfully processed millions of units of waste, yielding significant volumes of iron, copper, and plastic. The company remains well-positioned to benefit from government-led energy-saving replacement trends.