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Ingentec Reports 85% Profit Surge in July and August, Eyes Further Growth in H2

With rising demand in semiconductor chemicals, Ingentec's revenue in the first eight months grew by 19%
Taiwan
i 4768.TWO
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Ingentec Corporation posted a profit of NT$9 million in August, marking a 29% year-on-year increase. Combined profits for July and August reached NT$24 million, up 85% from the previous year, with an EPS of NT$0.55. For the first eight months of 2024, the company’s EPS stood at NT$2.35, driven by a 19.02% rise in revenue year-on-year.

The company’s first factory completed the construction of C4F6 secondary manufacturing equipment, boosting its annual capacity to 100 tons. This, alongside the expected full capacity of its photoresist liquid production in H2 2024, positions Ingentec for strong performance growth in the coming months.

As the semiconductor sector rebounds and companies invest in Mini LED and Micro LED mass production, Ingentec’s sales of electronic and special chemicals have surged, with electronic chemical revenue up 33% year-on-year in the first eight months.

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