Fortune Electric shares surge after net profit reportBy Chen Cheng-hui / Staff reporterElectric machinery supplier Fortune Electric Co’s (華城電機) shares yesterday surpassed NT$1,000 to reach a new closing high this year, after the company on Monday reported that it made a net profit of NT$760 million (US$24.04 million) last month, up 18 percent year-on-year. That translated into earnings per share of NT$2.41, reaching 70 percent of the NT$3.45 per share it made in the third quarter of last year, company data showed. People walk past the entrance to Fortune Electric Co’s Jhongli plant in Taoyuan on March 10 last year. Shares of Fortune Electric yesterday closed 4.36 percent higher at NT$1,005, having moved up 28.85 percent so far this year, Taiwan Stock Exchange data showed. Fortune Electric is among several local heavy electrical equipment makers — including Shihlin Electric & Engineering Corp (士林電機) and Chung-Hsin Electric & Machinery Manufacturing Corp (中興電工) — that have seen shares surge since last year due to their rising exposure to artificial intelligence (AI) data center deployments, especially in the US.

Source: Taipei Times January 20, 2026 17:12 UTC