Juheng’s revenue in the first three quarters exceeded last year’s full year, and EPS in the first three quarters reached 1.65 yuan.

Juheng said that H-ELink has been used in the Palau optical storage project and has been highly recognized by the Palau government. (provided by the operator)

[Reporter Zhang Huiwen/Taipei Report] Green energy and environmental protection stock Juheng Technology (4582) announced its third quarter financial report today (10th), with single-quarter revenue of 367 million yuan, gross profit margin of 26.6%, after-tax net profit of 37 million yuan, and after-tax earnings per share (EP S) 0.49 yuan; the cumulative revenue in the first three quarters was 1.334 billion yuan, an annual increase of 62.29%, which has exceeded last year's full-year revenue of 1.227 billion yuan, with an after-tax net profit of 117 million yuan, EPS of 1.65 yuan, an annual increase of 816.67%.

Juheng said that the revenue growth in the first three quarters of this year was mainly due to the completion of the Pingtung water-type solar energy project, the advancement of the Tainan Xuejia booster station project, and the one-time income injection from the Qigu Fishing and Power Symbiosis repair project. In terms of large-scale engineering projects, the Qigu District Fish and Power Symbiosis Phase II project in Tainan City and the Yunlin Forest Solar System Project, with a total contract value of approximately 2 billion yuan, have been signed and are expected to be completed in 2027.

Chairman Zhou Henghao said that Juheng continues to expand the scale of energy asset maintenance services. As of the third quarter of this year, there have been 149 fee-based maintenance cases with a capacity of 136MW. Compared with the cumulative 134 cases and 51MW in 2025, the maintenance capacity has increased by approximately 167%. It is expected that nearly 100MW of fee-based maintenance capacity will be added in 2028, gradually expanding long-term service income and improving operational stability.

As for the energy storage business, Juheng currently has 8 energy storage sites in Taiwan and 1 overseas in Palau in operation, with a cumulative construction capacity of 40.8MW. Another site in Kaohsiung and Yilan is under construction and is expected to be completed in the first half of 2027. In terms of overseas layout, the Palau optical storage integration project is expected to complete 100% revenue recognition by the end of this year.

The legal person said that despite changes in the energy industry market environment, Juheng has still maintained positive operational growth and demonstrated relatively stable operating resilience. Next year, as large-scale engineering projects are advanced in sequence and the scale of toll maintenance operations expands, Juheng will also continue to expand the off-balance sheet energy storage market, combining solar energy, energy storage equipment and smart energy management systems to provide corporate customers with one-stop energy solutions. It is expected that the operational growth momentum next year will further increase compared with this year, and subsequent operating performance is worthy of attention.