Taiwan Electric Corporate announced the announcement that the second quarter earnings and profits reached a record high, with a pure profit of RMB 15.36 per share, and the third quarter operation outlook was optimistic, with a US dollar closing expected to increase by 8% in the quarter, and the annual US dollar closing growth estimate was raised to 30%. Taiwan Electric's stock price performance today was strong, reaching 1,160 yuan, the highest in history, with a market value exceeding 30 trillion yuan.
Benefiting from strong demand for artificial intelligence (AI) and high-performance computing (HPC), Taiwan Electric's 2nd quarter closed more than US$30 billion in the first time, reaching US$30.07 billion, with an performance better than expected, and its parent company profited NT$39.8273 billion and a pure profit of RMB15.36 per share.
Taiwan Electric expects that, driven by strong demand for advanced processes, the third quarter's closing is expected to further climb to US$31.8 billion to US$33 billion, a quarterly increase of 8%. The US dollar growth for the whole year will be about 30%, an increase higher than the original expected 24% to 26%.
Taiwan Electric's performance was very impressive, with a happy business outlook, and inspired the US deposit certificate (ADR) to top $8.04, reaching $245.6, with a surge of about 3.38%. Telco's stock price rose simultaneously today, reaching 1,160 yuan, the highest price in the all-time market, rising 30 yuan, and its market value exceeded 30 trillion yuan, reaching 30.08 trillion yuan, and it also paid about 241 points.
Extended reading: Without fear of tax exchange rates, the Taiwan Electricity Law said it will focus on one click Don't be afraid of the impact of exchange rate! Taiwan Power Q2 earned 15.36 yuan per share, gross profit margin was 58.6%, exceeding expectations Wei Zhejia reveals new progress! N2P, A16 take over the baton, A14 develops ahead of schedule 2028 mass production Taiwan Electric accelerates the US layout, and Arizona factories account for 30% Advanced Processing Production Taiwan Power: The United States opens wide H20 exports to China is a good thing. It is to mention the annual US dollar revenue to see strong demand for AI