Huacheng's Q1 Profit Hits New High for the Period, Benefiting from AI Data Center Shipments
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Heavy electrical machinery manufacturer Huacheng announced its Q1 financial results, with net profit attributable to owners of the parent company reaching NT$1.038 billion, a 20.7% year-on-year increase, setting a new record for the same period. Earnings per share were NT$3.29. The company's performance was driven by strong demand for power transformers for AI data centers.