Reported 8 months ago
With the weather heating up, the stock price of heavy electrical equipment companies is rising, with Shihlin Electric (1503) seeing a 30% increase in June after a two-month plateau. Benefiting from Taiwan's robust grid project and the infrastructure opportunities in the U.S., Shihlin Electric is continuously receiving orders, now looking towards 2027 orders and optimistic for 2030. The company expects revenue growth in heavy electrical business by 20% this year, with a focus on expanding automation business into AI and semiconductor industries. Orders from the U.S. and Canada are on the rise, with opportunities to set up manufacturing facilities in the U.S.
Source: YAHOO