Nan Ya forms power joint venture and Nan Ya stock sits 3.73 percent below its high

Published on 10/09/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached TWD 83.63 billion and EPS was TWD 3.37. For Nan Ya stock, the venture brings a 40 percent stake.

Key points in brief

Nan Ya formed a joint venture with LS ELECTRIC and KHI for Taiwan power infrastructure projects on October 6, 2026.
Nan Ya will hold 40.00 percent of the venture, while LS ELECTRIC will hold 50.00 percent.
Second-quarter 2026 revenue reached TWD 83.63 billion and net income was TWD 26.75 billion.
Nan Ya stock was last at TWD 310.00 on October 8, 2026, 3.73 percent below its TWD 322.00 52-week high.

Nan Ya, TW0001303006, Illustration mit AI erstellt.

Nan Ya formed a joint venture with LS ELECTRIC and KHI on October 6, 2026, with Nan Ya taking 40.00 percent of the new company. The Korea Times reported on October 7, 2026, that LS ELECTRIC will hold 50.00 percent and KHI 10.00 percent. The venture is designed to pursue Taiwanese power infrastructure projects beyond equipment supply.

Power venture changes the mix

The new company will build capabilities in bidding, engineering design and technical support. The arrangement combines LS ELECTRIC manufacturing and design technology with Nan Ya's local production base and engineering, procurement and construction network.

For Nan Ya, the significance is the move toward project work rather than a narrow equipment role. The 40.00 percent stake gives the plastics and electronic-materials producer exposure to power infrastructure contracts while leaving LS ELECTRIC as the majority partner.

Three dated operating signals

On May 12, 2026, Nan Ya reported first-quarter revenue of TWD 68.59 billion and net income of TWD 14.25 billion. On July 9, 2026, its second-quarter profit was described as a record in coverage summarized by MarketScreener.

On August 11, 2026, second-quarter revenue reached TWD 83.63 billion and earnings per share were TWD 3.37, versus TWD 2.86 expected, according to Investing.com. Revenue rose from TWD 68.59 billion in the prior quarter, while net income increased from TWD 14.25 billion to TWD 26.75 billion.

What does the venture mean for earnings?

The immediate earnings contribution is undefined because the agreement sets out capabilities and ownership, not a contracted order value. The measurable starting point is Nan Ya's 40.00 percent interest and the partners' plan to build a local bidding and engineering platform.

The operating backdrop had improved before the venture. In the second quarter of 2026, Nan Ya generated TWD 26.75 billion in net income on TWD 83.63 billion of revenue, while quarterly earnings per share reached TWD 3.37. That comparison gives the power initiative a stronger financial base than the first-quarter figures.

Stock remains below its yearly high

Nan Ya stock was last at TWD 310.00 on the Taiwan Stock Exchange on October 8, 2026 at 1:30 p.m. TST, compared with a TWD 322.00 52-week high. The gap was 3.73 percent, calculated from the same-currency market figures. Market capitalization was TWD 2.5 trillion at that quote snapshot.

Nan Ya Plastics Corporation trades under ticker 1303.TW on the Taiwan Stock Exchange and operates in chemicals within the Basic Materials sector, according to Global Banking and Finance. Its business spans plastics, petrochemicals, electronic materials and textiles, with the new venture adding a power-infrastructure angle.