Taiwan’s Walsin Lihwa reported a net profit of NT$20.536 billion for the first three quarters of 2026, soaring by 8.48 times year on year, with earnings per share (EPS) reaching NT$4.63.
CEO Shyi-Chin Wang indicated that the fourth-quarter stainless steel operations will outperform the third quarter, driven by inventory depletion in Taiwan and post-summer holiday demand recovery in Europe. Operations in China are expected to remain flat.
High-voltage power cable capacity remains fully utilized, with the Yangmei plant operating at 70% to 80% utilization. Product certifications for 345kV high-voltage cables and Kaohsiung submarine cables are targeted for 2027, with submarine cable shipments planned for 2028.
In addition, expansion in AI liquid cooling, power transmission, and high-voltage direct current cable infrastructure provides growth opportunities across the company’s stainless steel, cable, and electronic materials divisions.