TAIPEI (Taiwan News) — Inventec on Tuesday reported its highest second-quarter profit in seven years, driven by gains from AMD’s sale of its ZT plant despite foreign exchange losses.
The contract manufacturer posted after-tax profit attributable to the parent company of NT$2.19 billion (US$73 million) for Q2, up 29% from the previous quarter and 21% year-on-year, per CNA. Earnings per share (EPS) stood at NT$0.61, the best Q2 result since 2019.
The board also approved two major investment projects in Thailand worth NT$4.8 billion, according to Liberty Times. These include a NT$2.4 billion capital injection into its Thai unit, Inventec Electronics (Thailand) Co., Ltd., and construction of a new factory on company-owned land with a budget of up to NT$2.4 billion.
The expansion aims to increase AI server and notebook production, with new capacity expected to come online early next year. The move is part of Inventec’s strategy to strengthen overseas manufacturing and diversify its supply chain.
In the first half of the year, consolidated revenue rose 21% year-on-year to NT$343.61 billion. Gross margin improved 0.4 percentage points to 5.5%. After-tax profit for the period reached NT$3.89 billion, up 34% from a year earlier, with EPS of NT$1.09.
The company expects growth momentum to continue in the second half, supported by demand for AI-related products.
