Aggregate sales by companies listed on the local main board rose more than 7 percent year-on-year in June, led by surging global demand for artificial intelligence (AI) technologies, the Taiwan Stock Exchange Corp (TWSE) said on Friday.
Combined revenue reached NT$3.66 trillion (US$125 billion) last month, up 7.37 percent from a year earlier, with 519 firms reporting year-on-year sales growth and 526 reporting a decline, TWSE said in a statement.
Among the major industries, the computer and peripheral equipment sector posted the strongest performance, with revenue soaring nearly 45 percent to NT$935 billion, fueled by robust global demand for artificial intelligence (AI) servers, the exchange said.
Photo: RITCHIE B. TONGO, EPA-EFE
The environmental protection and renewable energy sector ranked second, reporting an almost 38 percent year-on-year increase in revenue to NT$12 billion, it said.
The information service industry also saw solid growth, generating NT$11 billion in sales last month, an increase of more than 29 percent from a year earlier, it added.
On the other hand, the financial and insurance industry recorded the sharpest year-on-year revenue decline for last month, dropping 45.5 percent to NT$108.7 billion amid volatility in global financial markets, TWSE said.
The trade and retail sector also posted a significant decline, with revenue falling 35 percent year-on-year to NT$33.6 billion, due to foreign exchange and investment losses, while the cement industry was hit by weakening demand, generating NT$18 billion in sales, down nearly 20 percent from the same month last year, the exchange said.
In the first half of the year, TWSE-listed companies reported total revenue of NT$21.94 trillion, up 13.82 percent from a year earlier, with 619 firms posting sales growth and 426 reporting declines, the exchange’s data showed.
Riding the global AI boom, the computer and peripheral equipment industry led all sectors in the six-month period, posting NT$4.88 trillion in revenue, an increase of 38.81 percent year-on-year, TWSE said.
Meanwhile, the combined revenue posted by companies listed on the local over-the-counter (OTC) market rose 7.72 percent from a year earlier to NT$250.2 billion last month, the Taipei Exchange (TPEx) said.
For the January to June period, OTC-listed firms posted combined sales of NT$1.45 trillion, up 9.67 percent from the same period last year, TPEx data showed.
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