Tatung today (10th) announced October consolidated revenue of NT$3.392 billion, down 8% from last month and down 8.06% from the same period last year, mainly due to reduced shipments of some products by reinvested Elitegroup Computer. Cumulative consolidated revenue for the first 10 months of this year was NT$39.642 billion, down 2.67% year-on-year. The company said its core power business has shown a recovery, while the new modular AI data center business is gradually entering the commercialization stage.
Power Business Group Up 9.34% Month-on-Month, Returning to Taipower Tenders
Revenue of the power business group in October was NT$767 million, up 9.34% month-on-month and down 5.81% year-on-year. Shipments of motors, meters and heavy electrical products all increased from last month, with motors posting the largest growth in amount. On public works, Tatung has resumed participating in Taiwan Power Company tenders through a subsidiary, with motor-related products already shipped first, and will seek more power equipment orders in line with product certifications and Taipower tender schedules.
TTG AIDC CUBE Wins Small-Volume Orders, Over 30 Companies in Talks
Tatung showcased its modular AI data center total solution TTG AIDC CUBE at the October Smart Energy Week, which has already secured small-volume orders in Taiwan and continues to expand domestic and overseas markets. More than 30 potential customers are currently in talks, with some having entered detailed specification discussions and build-requirement confirmation and preparing quotations, indicating gradually emerging market demand for modular AI computing infrastructure.
Divergent Reinvested Businesses, Tatung System Technologies Up 29.67% in First 10 Months
Reinvested businesses diverged. Tatung System Technologies posted October consolidated revenue of NT$596 million, up 87.01% year-on-year, mainly benefiting from revenue recognition on large projects such as securities electronic trading platforms and audio-video database expansion, with cumulative consolidated revenue for the first 10 months of NT$4.943 billion, up 29.67% year-on-year. Tatung Telecom's October revenue was NT$347 million, up 10.01% year-on-year, driven by government projects and distribution channels, with cumulative revenue for the first 10 months up 5.12% year-on-year. Elitegroup Computer's October consolidated revenue was NT$1.092 billion, down 29.7% year-on-year, mainly due to reduced shipments of mini PCs, graphics cards and notebook computers; benefiting from increased volume shipments of commercial desktop computers, cumulative consolidated revenue for the first 10 months was NT$16.235 billion, still up 0.75% year-on-year.