Tongguang Reports Q1-Q3 EPS of 2.38 Yuan, AI Data Center Revenue Expected to Expand in 2027

According to its earnings report released on November 12, Tongguang reported revenue of 47.785 billion yuan in the first nine months of 2026, up 9.2% year-over-year, with earnings per share (EPS) of 2.38 yuan, compared to 1.98 yuan in the same period last year.

The company disclosed that AI data center (AIDC) orders exceeded 10 billion yuan this year, with over 80% achieved by end of October. Orders from Malaysia and Thailand showed multifold growth. Due to delayed delivery timelines for some DC projects, most new orders will be recognized as revenue starting 2027. As Malaysia's modularized data center (MDC) production capacity expands and new projects launch in Japan, AIDC revenue contribution is expected to accelerate next year.

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