PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hon Hai Precision Industry (2317 TT) reported Q1 (TWD) rev. rose 29.7% Y/Y to 2.13tln (exp. 2.14tln)
TAIWAN
Chunghwa Precision Test Technology (6510 TT) - Co. reported quarterly rev. rose 5.4% Q/Q and 18.3% Y/Y to TWD 1.36bln, which was a record high driven by AI demand and supporting expectations for gradual growth through the year. (Taipei Times)
Hon Hai Precision Industry (2317 TT) - Co. reported Q1 (TWD) rev. rose 29.7% Y/Y to 2.13tln (exp. 2.14tln) while this represented its higher-ever Q1 sales but was a decline of 18.2% Q/Q. (Taipei Times)
TS Financial Holding (2887 TT) - Taishin Securities is set to take the fourth spot in terms of market share in Taiwan following completion of its merger with MasterLink Securities, according to FSC data. (Focus Taiwan)
SINGAPORE
Keppel Infrastructure Trust (KIT SP) - Co. said its manager has appointed Khor Poh Hwa as chairman, succeeding Daniel Cuthbert Ee Hock Huat effective Apr 29. (Newswires)
Singapore Airlines (SIA SP) - Co. said its share of losses from associated companies including Air India rose to SGD 178mln in Q3 (prev. SGD 163mln). (Newswires)
Hon Hai Precision Industry's revenue growth of 29.7% year-on-year is a positive indicator, showcasing the company's resilience despite slightly missing expectations. The quarter-over-quarter decline of 18.2% signals potential seasonal weakness, suggesting market participants should closely monitor future guidance, especially in a climate influenced by AI demand.