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Mirle Automation Swings to Profit with Q3 EPS of NT$3.57
Producer Manufacturing · Industrial Machinery · economic_daily · 2026-11-09
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Mirle Automation reported a turnaround in its first nine months, posting a net profit of NT$746 million and EPS of NT$3.57, driving its stock to the daily limit.
What Happened
Financial Performance: Mirle Automation reported consolidated revenue of NT$6.823 billion for the first three quarters, a 36.7% year-over-year increase. Net profit reached NT$746 million, with EPS of NT$3.57, marking a successful swing to profit compared to the same period last year.
Quarterly Growth: Third-quarter consolidated revenue was NT$2.789 billion, up 28.6% sequentially and 71.4% year-over-year. Net profit for the quarter was NT$6.11 billion, showing significant growth, while gross margin also improved.
Market Reaction: The strong financial results triggered a surge in investor confidence, with Mirle's stock hitting the daily limit within an hour of trading, closing at NT$148.5.
Profit Drivers: Benefiting from a recovery in demand for automation equipment and improved operational efficiency, the company's gross margin increased by 2.4 percentage points year-over-year, indicating a positive trend in its profit structure.