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Eternal Materials Reports 38.6% Growth in Pre-tax Profit for First Seven Months
Electronic Technology · Electronic Components · economic_daily · 2026-08-25
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Eternal Materials posted a 38.64% year-over-year increase in pre-tax profit for the first seven months of 2024, driven by strong demand in electronics materials.
What Happened
Financial Performance: Eternal Materials announced a pre-tax profit of NT$2.026 billion for the first seven months of the year, marking a 38.64% increase compared to the same period last year. While July's pre-tax profit saw a year-over-year decline due to a high base effect from asset disposal gains in 2023, the company's core operations remain robust.
Revenue Growth: July revenue reached NT$4.093 billion, representing a 23.86% year-over-year and 6.82% month-over-month increase. This growth was driven by a seasonal uptick in shipments across the company's three major business divisions, significantly boosting operating profit compared to the previous year.
Market Outlook: The company remains optimistic about the second half of the year, citing optimized product mixes in electronic and specialty materials. Demand for dry film photoresist, silicon microspheres, and advanced semiconductor packaging materials is expected to rise alongside the recovery in the PCB and ABF substrate sectors.
Equipment Contribution: Precision equipment is entering a peak verification phase, which is expected to drive a significant jump in revenue contribution for the second half of the year. Furthermore, the company continues to scale up shipments of advanced semiconductor packaging materials in line with its strategic roadmap.
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