Wanrun July Profits Soar 118% Year-Over-Year to NT$3.52 Per Share
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Wanrun, a supplier of advanced packaging equipment for the semiconductor industry, announced its July self-reported profits increased 118% year-over-year.
- The company reported pre-tax net profit of NT$422 million and after-tax profit of NT$346 million, with earnings per share at NT$3.52.
- Wanrun is expanding into silicon photonics and CPO fields, with CPO equipment deliveries expected in the fourth quarter and mass production in the first quarter of next year.
Semiconductor advanced packaging equipment supplier Wanrun (6187) announced on August 20 that its self-reported profits for July surged 118% year-over-year. The company posted a pre-tax net profit of NT$422 million and an after-tax profit of NT$346 million, translating to earnings per share of NT$3.52.
This financial performance comes as Wanrun actively positions itself in the silicon photonics and CPO (Co-Packaged Optics) sectors. The company supplies coupling equipment for Fiber Array Units (FAU) and Optical Engines, along with FAU Automatic Optical Inspection (AOI) equipment. These strategic moves aim to capitalize on the growing demand for advanced optical interconnect solutions.
Wanrun actively cuts into the layout of silicon photonics and CPO fields, mainly supplying FAU (Fiber Array Unit) and Optical Engine coupling equipment, as well as FAU AOI (Automatic Optical Inspection) equipment.
Wanrun anticipates delivering its CPO equipment, developed in collaboration with leading industry players, in the fourth quarter of this year. Mass production is slated to begin in the first quarter of next year, signaling a significant ramp-up in its CPO business segment. The company's stock has experienced volatility recently, prompting the regulatory filing.
CPO equipment cooperating with benchmark leading manufacturers is expected to be delivered in the fourth quarter, and mass production will be in the first quarter of next year.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.