Shuang Hong (3324), a thermal management company, announced its Q3 results, posting record-high quarterly revenue of NT$9.787 billion, up 12.49% QoQ, with net profit of NT$1.08 billion. Q3 earnings per share (EPS) reached NT$11.58, the second-highest on record, while cumulative 9-month EPS stood at NT$34.59.
Looking ahead, the company expects Q4 revenue and profitability to exceed Q3 levels, driven by ramped production of high-custom ASIC water-cooling products and new projects entering limited shipments. Shuang Hong will host an investor conference on November 18 to provide further operational guidance.