TAIPEI (Taiwan News) — The Financial Supervisory Commission said Monday that Taiwan's publicly traded companies, including those listed on the Taiwan Stock Exchange and the over-the-counter market, posted total revenue of NT$10.74 trillion (US$335.62 billion) in the first quarter.
Taiwan Stock Exchange-listed companies reported a total revenue of NT$10.05 trillion in the first quarter, an 18.29% increase from the same period last year and the highest first-quarter figure over the past decade. Their pre-tax profit reached NT$1.08 trillion, a 29.4% year-on-year increase and the second-highest level for the same period in 10 years.
The commission said that sectors such as semiconductors, electronics and components, and computer and optical manufacturing significantly contributed to profit growth among Taiwan Stock Exchange-listed companies. This growth was primarily driven by rising demand for AI and high-end servers, which boosted the performance of the related supply chain, per CNA.
According to the commission, Taiwan's over-the-counter listed companies generated NT$692.5 billion in the first quarter, an increase of nearly 11.6% from last year and the highest amount over the past decade. It noted that their pre-tax profit reached NT$73 billion, a decrease of 3.44% year-on-year.
The commission said that among OTC-listed companies, industries contributing to revenue growth included the biotechnology and medical sectors, and electronic components, which saw increased demand for materials driven by the development of AI and 5G. Additionally, revenue growth in the computer and related equipment sector was supported by growing demand for AI servers and automotive batteries.
The commission said that as of Thursday, there were 1,875 publicly traded companies in Taiwan. Except for Formosa Oilseed Processing Co., High-tek Harness Enterprise, and Sino Tactful Co., all other companies have submitted their financial reports for the first quarter of this year.
Formosa Oilseed Processing Co. and High-tek Harness Enterprise were suspended from stock trading on April 7 and will be delisted in November, the commission added. Sino Tactful Co. halted trading starting Tuesday and is set to be delisted in January next year if the company fails to submit its financial report within six months.
