Topoint Technology said its August earnings surged as demand from AI servers and high-performance computing, or HPC, drove stronger sales of high-end PCB micro drill bits. The company disclosed the latest self-reported figures on Oct. 5 after its recent stock-price gains met the exchange’s criteria for attention stocks.
Its filing showed August consolidated revenue at NT$771 million, up 97.75% from a year earlier. Net profit attributable to the parent reached NT$142 million, a 300.41% year-over-year increase, while monthly earnings per share came in at NT$0.97.
Higher-end coated drill bits accounted for more than half of sales
Topoint’s core business includes the manufacturing and sale of PCB micro drill bits and PCB drilling services. Its long-time customer base includes Unimicron, Nan Ya PCB, Kinsus, Zhen Ding, and Gold Circuit Electronics, according to the ABMedia report.
The report said demand has been lifted by major design upgrades in AI server accelerator cards, or OAM, and motherboards, or UBB. PCB layer counts have generally risen to more than 20 to 30 layers, while manufacturers are using larger amounts of hard, high-frequency, high-speed, low-loss materials. That has made drilling more difficult and increased wear on conventional drill bits, leading downstream manufacturers to consume more high-end coated drill bits.
With capacity for those higher-end drill bits remaining tight, the share of Topoint’s higher-margin coated drill bit shipments has climbed to above 50%. The product mix shift supported margins as revenue expanded, and the company’s after-tax net margin reached 18.44% in August.
Second-quarter revenue and profit also hit records
In the second quarter, Topoint posted reviewed consolidated revenue of NT$1.826 billion, up 80.30% from a year earlier. After-tax net profit was NT$302 million, up 285.50%, and quarterly EPS reached NT$2.08. Both revenue and profit set new highs.
After the electronics sector entered its traditional peak season in the third quarter, shipment momentum strengthened again. Based on the newly disclosed August profit of NT$142 million, the company has already moved well above the second quarter’s average monthly profit of about NT$101 million.
Over the latest four quarters, from the third quarter of year 114 to the second quarter of year 115 in the Minguo calendar, Topoint’s EPS totaled NT$5.08.
Capacity expansion is underway in multiple locations
To ease supply constraints, Topoint is speeding up capacity expansion on both sides of the Taiwan Strait. The report said a new plant in Zhongli, Taiwan, is already under construction, and the company is also using its Thailand operation in Southeast Asia as part of its strategy to expand market share in high-end consumables.
ABMedia also cited market institutional investors as saying the stock’s recent volatility and heavy trading volume have pushed it through regulatory attention thresholds. That means investors still need to watch whether additional trading measures, including possible disposition stock treatment or altered matching arrangements, could affect near-term trading. On the business side, September revenue momentum and the durability of orders after new high-end capacity comes online remain in focus.