PRE-MARKET TAIWAN & SINGAPORE STOCKS NEWS: Hon Hai Precision Industry (2317 TT) - Co. Q1 (TWD) net rose 19% Y/Y to 49.92bln, operating profit rose 63% Y/Y to 75.6bln, rev. rose 29% Y/Y to 2.12tln
Hon Hai Precision Industry's strong Q1 earnings, highlighted by a 19% increase in net income and a significant 63% rise in operating profit, indicate robust operational performance amidst a growing demand landscape.
Mexican President Sheinbaum announces resignation of Pemex CEO
Japanese Finance Minister Katayama says not in a situation where an extra budget is needed, adds have JPY 1tln in reserve funds in FY26 budget, but stated there's no immediate need for an extra budget
PRE-MARKET TAIWAN & SINGAPORE STOCKS NEWS: Hon Hai Precision Industry (2317 TT) - Co. Q1 (TWD) net rose 19% Y/Y to 49.92bln, operating profit rose 63% Y/Y to 75.6bln, rev. rose 29% Y/Y to 2.12tln
[MARKET UPDATE] Precious metals extend on recent declines with spot gold down around 0.5%, while silver leads the declines with losses of around 1.3% to trade beneath USD 83/oz
Japan's Minister for Economy, Trade and Industry Akazawa says Can tap FY26 budget reserves if the Middle East impact lasts
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TAIWAN
EVA Airways (2618 TT) - Co. Q1 (TWD) net rose 39.5% Y/Y to 8.27bln, rev. rose 10.1% Y/Y to 60.52bln, while passenger flight revenue rose 10.7% Y/Y to 40.30bln. (Taipei Times)
Hon Hai Precision Industry (2317 TT) - Co. Q1 (TWD) net rose 19% Y/Y to 49.92bln, operating profit rose 63% Y/Y to 75.6bln, rev. rose 29% Y/Y to 2.12tln. (Taipei Times)
Quanta Computer (2382 TT) - Co. said AI server revenue this quarter is expected to continue growing by a double-digit percentage Q/Q after server revenue rose 30% Q/Q last quarter, while Q1 (TWD) net rose 8.7% Y/Y to 21.19bln. (Taipei Times)
Taiwan Semiconductor Manufacturing (2330 TT) - Co. said global semiconductor revenue is projected to exceed USD 1tln this year and reach USD 1.5tln by 2030 amid AI-driven demand for token and compute power. (Taipei Times)
SINGAPORE
Singapore Airlines (SIA SP) - Co. warned of higher cost pressures as jet fuel prices surge, while profit was impacted by losses at Air India. (Straits Times)
This performance is likely to boost sentiment not just for Hon Hai but also for related sectors in technology and manufacturing, suggesting upward pressure on stock prices in the region while confirming the ongoing positive trends in the semiconductor and AI-driven markets.
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