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Wastech Q1-Q3 EPS Hits NT$15.46, Surpassing Full-Year 2024 Profit
Electronic Technology · Electronic Components · economic_daily · 2026-11-05
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Wastech reported strong financial results for the first three quarters, with EPS reaching NT$15.46 and total profit already exceeding the previous year's annual figure.
What Happened
Strong Financial Performance: Wastech reported a record-breaking performance for the first three quarters of the year, with consolidated revenue reaching NT$1.719 billion, a 69% year-on-year increase. Net profit rose by 89.7% to NT$368 million, resulting in an EPS of NT$15.46, which has already surpassed the company's total profit for the entire previous year.
Record Quarterly Results: For the third quarter alone, the company achieved consolidated revenue of NT$613 million, marking a 3.7% quarterly increase and a 46% annual growth. Net profit for the quarter climbed to NT$134 million, up 8.6% from the previous quarter and 74.9% year-on-year, setting new historical highs for quarterly revenue and EPS.
Margin Fluctuations: Despite the robust top and bottom-line growth, the company's gross margin for the first three quarters stood at 35.98%, a slight decline of 0.76 percentage points compared to the same period last year. The third-quarter gross margin was 35.06%, reflecting a contraction compared to both the previous quarter and the same period last year.
Market Reaction: Despite the impressive earnings report, Wastech's stock price was dragged down by broader market weakness. The stock hit its daily limit-down, closing at NT$334.5 with a trading volume of 188 shares.