TPK REPORTS UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2026

Taipei, Taiwan, August 21, 2026 – TPK Holding Co., Ltd (TWSE: 3673) (“TPK” or the “Company”) today announced unaudited consolidated operating results for the second quarter of 2026. Company reported consolidated revenues of NT$19,238 million and consolidated net profit attributable to the parent company of NT$815 million, equivalent to EPS of NT$2.0.
For the first six months, consolidated revenues reached NT$37,125 million, up 14.9% year-on-year. Consolidated net profit attributable to parent company amounted to NT$1,356 million, up 127.2% year-on-year. EPS for the first half of 2026 totaled NT$3.33, exceeding 2025 full year.

1Q26 Operating Results
Company reported consolidated 2Q26 revenues of NT$19,238 million, up 7.6% quarter-on-quarter. The top-line growth was mainly attributable ITH Corporation’s (TWSE: 6962) 22.6% sequential revenue growth for second quarter. Excluding ITH, 2Q26 revenues were up 2.4% quarter-on-quarter which was driven by robust tablet demand, despite softer notebook PC demand caused by soaring memory and component costs for the quarter. Consolidated gross profit for the quarter amounted to NT$1,188 million, down 29.2% quarter-on-quarter due to ITH’s one-time liability provision of NT$387 million for wafer long-term agreement. As a result, consolidated gross margin declined from 9.4% for 1Q26 to 6.2% for the second quarter of 2026. In terms of product mix, IC design accounted for roughly 25% of 2Q26 consolidated revenues. Excluding IC design revenues, notebook PC and large-sized tablet (11” to 16”) continued to be the largest revenue contributor, marking 52% of non-IC design revenues, compared to 51% for 1Q26. Regular-sized tablet and e-Book (7” to 11”) remained the second at 37%, down slightly from 39% for the previous quarter.

With respect to COGS, raw material was NT$15,604 million, representing 81.1% of consolidated revenues, compared to 80.0% for 1Q26. Labor expense increased to NT$1,212 million, equivalent to 6.3% of consolidated revenues, up from 6.0% for the previous quarter. On the contrary, depreciation cost reduced slightly to NT$468 million, equivalent to 2.4% of 2Q26 consolidated revenues. Due to ITH’s one-time liability provision, 2Q26 COGS increased 11.4% from the previous quarter. Operating expense enhanced from NT$1,735 million to NT$1,653 million for 2Q26. As a result, operating loss 1 amounted to NT$465 million for the quarter.

For the second quarter, Company recorded net interest income of NT$118 million and foreign exchange gain of NT$64 million. Financial and strategic investments yielded a profit of NT$470 million for the quarter. Other non-operating loss was NT$41 million. For 2Q26, Company recorded net profit attributable to the parent company of NT$815million.

Balance Sheet & Cash Flow
As of June 30, 2026, consolidated cash and cash equivalent1 was NT$44,776 million, down from NT$46,594 million at the end of 1Q26. Total bank borrowings remained roughly flat at NT$25,465 million from NT$25,757 million at the end of first quarter. Consolidated capital expenditure for the quarter was NT$340 million on accrual basis. Consolidated EBITDA was healthy at NT$1,174 million for the quarter and NT$2,568 million for 1H26. TPK remained at net cash of NT$19,310 million as of June 30, 2026, on the consolidated level.

Note: All financial numbers are prepared in accordance with IFRs, which is approved by regulators in Taiwan.
Note 1: Cash and cash equivalent includes “Cash Equivalents” and “Risk-Free Banking Financial Product.”

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