Reported about 1 year ago
On June 15, 2024, at 4:10 pm, Taiwan Power Generation (8926) saw improved operations due to summer electricity usage. Closing at 47.8 yuan on the 14th, it rose by 2.58%, with trading volume doubling to 4,157 shares compared to the previous trading day. The stock price surpassed the 46.65-yuan resistance, with short-term bullish and bearish volume strength increasing, crossing above the 5-day, 10-day, monthly, and quarterly lines, and KD values trending upward. Q1 EPS was 0.42 yuan, with revenue for the first five months reaching 3.785 billion yuan, up 79.17% year-on-year. The Senboku Phase II is expected to commence operation mid-year, doubling the usable generating capacity from 1GW to approximately 2GW, adding extra non-operating income. The development rights for the Usan Head Photovoltaic Phase II (capacity of 13MW) and the Changhua Yongxing (capacity of 30MW-32MW) fishery-solar symbiosis development rights are expected to be grid-connected in 2025. For more news, refer to Commercial Times' report: 'COVID-19 outbreak escalates in Xi'an prompting emergency city lockdown, potentially impacting semiconductor and automobile industries... US economic recovery too robust, potentially impacting global economy; third-generation semiconductors poised for significant development.'
Source: YAHOO