Tongtai Reports First-Half Revenue Growth; Asset Disposal Boosts Profitability, Launches Manufacturing Upgrade Initiative
KAOHSIUNG, Taiwan, August 8, 2025 — Tongtai (4526.TW) announced its second-quarter 2025 results and operational updates today (8). Following the completion of the disposal of its Kaohsiung Luzhu Science Park Plant 2 in the second quarter, gains from the transaction were recognized and contributed to non-operating income. Combined with stable operations, first-half consolidated revenue reached NT$2.8 billion, up 4% year-over-year, with overall profitability improving compared to the same period last year.
In terms of financial performance, second-quarter earnings per share (EPS) reached NT$2.56. Although affected by foreign exchange losses, profitability improved significantly year-over-year (EPS: -NT$0.97) due to gains from asset disposal.
Current order backlog stands at approximately NT$2.8–3.0 billion, with PCB-related business expected to be a key growth driver. Tongtai continues to expand application areas, and recent order momentum has strengthened, supporting revenue growth in the second half of the year.
At today's board meeting, Tongtai also reviewed plans to strengthen its European presence and expand technology investments, officially launching its "Manufacturing Upgrade Initiative." Built on the dual pillars of global expansion and technological advancement, the initiative aims to accelerate the development of Tongtai’s global smart manufacturing footprint.
Following its strategic partnership earlier this year with Lerinc, the European subsidiary of Buffalo Machinery, Tongtai has acquired a 20% stake in Lerinc. The company plans to further deepen its presence in Europe by integrating Eastern European sales channels, strengthening operational capabilities, enhancing collaboration with German customers, and optimizing regional service networks with stronger local support and process integration.
Tongtai stated that its European operations will become one of the key hubs for global expansion, driving the adoption of high-end products and smart manufacturing applications. Through integration with strategic partners, the company aims to expand into mid- to high-end markets and strengthen its global competitiveness.
Looking ahead, Tongtai will continue to focus on its core strategies of financial discipline, technological innovation, and global expansion, enhancing operational flexibility and creating long-term, sustainable value for shareholders and stakeholders.
