# 台光電 Posts Record Q3 EPS of NT$40.46 and Approves 9.4 Million-Sheet Expansion

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/42482
Published: 2026-10-28T09:00:38.000Z
Updated: 2026-10-28T09:00:38.000Z
Section: Business

> Revenue rose 28.8% from the second quarter as the board approved new capacity across five locations.

台光電 (2383), a copper-clad laminate producer, posted record third-quarter revenue, net income and earnings per share on Wednesday, Oct. 28. Its board also approved an expansion expected to bring total group capacity to 15.25 million sheets when completed.

Revenue was NT$60.88 billion, up 28.8% from the second quarter and 142% from a year earlier. Net income rose 46.9% sequentially and 265.7% year over year to NT$14.5 billion. Earnings per share reached NT$40.46, compared with NT$11.19 a year earlier and NT$27.55 in the second quarter.

Gross margin was 37.7%, an increase of 3.8 percentage points from the previous quarter and 7.6 percentage points year over year. The revenue growth exceeded the company’s August outlook for a 15% to 20% quarterly increase. Its margin also topped the 36.5% upper end of the guidance range, which was 35%, plus or minus 1.5 percentage points.

For the first nine months, earnings per share totaled NT$82.92, nearly twice the NT$41.67 recorded for all of 2025. The 2026 figure covers nine months, while the comparison is for the full year.

The board approved adding 9.4 million sheets of capacity in stages from 2027 through 2030. The projects are planned for Taoyuan, Kunshan, Zhongshan, Huangshi and Penang. Once complete, total group capacity is expected to reach 15.25 million sheets.

台光電 expects demand to match production over the coming year. The end markets it identified include memory modules, AI and general-purpose servers, low Earth orbit satellites, switches and optical modules.