PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: E.Sun reports strong Q1 earnings, UOB beat net income estimates
Taiwan
Advantech Co. (2395 TT) - Co. says it has strong order momentum across semiconductor equipment, automation, robotics and smart infrastructure, securing 53 design wins in Q1. The President says total revenue this quarter is expected to be between USD 650-670mln. (Taipei Times)
Airoha Technology Corp. (6526 TT) - Co. says revenue from chips used in high-speed optical transceivers for data centres is expected to triple this year on global AI infrastructure demand. (Taipei Times)
E.Sun Financial Holding Co. (2884 TT) - Co. Q1 (TWD) net rose 14.2% Y/Y to 10.06bln, fuelled by strong fee income, solid loan growth and buoyant capital markets activity. (Taipei Times)
Singapore
StarHub Ltd. (STH SP) - Co. Q1 (SGD) net fell to 5.9mln (prev. 31.8mln Y/Y), rev. fell to 507.3mln (prev. 540.5mln Y/Y). (Dow Jones)
United Overseas Bank (UOB SP) – Co. (SGD) Q1 net income 1.44bln (exp. 1.4bln), total income 3.42bln (prev. 3.66bln Y/Y), affirms FY26 guidance. (UOB)
E.Sun's strong Q1 earnings, with a 14.2% Y/Y net income rise, reflects robust fee income and loan growth, signaling a positive outlook for the financial services sector in Taiwan. Conversely, StarHub's notable decline in net income and revenue highlights challenges within the Singaporean telecom market. Meanwhile, UOB beating income estimates may suggest resilience in Singapore's banking sector, which could bolster investor sentiment for regional equities.