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CCL Makers EMC and TUC Report Record-Breaking October Revenue
Electronic Technology · Electronic Components · economic_daily · 2026-11-05
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Copper-clad laminate manufacturers EMC and TUC achieved record-high revenue in October, yet their stock prices faced significant downward pressure amid broader market volatility.
What Happened
Revenue Milestones: Copper-clad laminate (CCL) manufacturers EMC and TUC both reported record-breaking revenue for October. EMC posted a monthly consolidated revenue of NT$24.473 billion, marking a 203.1% year-on-year increase, while TUC reached NT$6.478 billion, up 127% from the previous year.
Growth Drivers: TUC attributed its strong performance to successful product mix optimization. EMC's cumulative revenue for the first ten months of the year reached NT$165.7 billion, representing a robust 114.1% growth compared to the same period last year.
Market Reaction: Despite the strong fundamental performance, shares of major CCL manufacturers, including EMC, TUC, ITEQ, and Ventec, faced heavy selling pressure today. All four stocks hit their daily downward limit as the broader Taiwan stock market experienced significant volatility.
Industry Outlook: While the underlying business fundamentals for CCL manufacturers remain solid and growth momentum continues, the stocks are currently struggling against negative market sentiment. Investors are advised to monitor broader macroeconomic trends as individual stock performance remains sensitive to overall market turbulence.