Nan Ya stock forms power joint venture with LS Electric

Nan Ya stock was trading at TWD 310 on the Taiwan Stock Exchange on October 8, 2026, down 1.27 percent from the prior close. The move followed a new power infrastructure partnership announced on October 7, as The Korea Times reported that Nan Ya Plastics and LS Electric agreed to establish a joint venture with KHI.

Power venture adds a new growth lane

LS Electric will hold 50 percent of the venture, Nan Ya will hold 40 percent and KHI will hold 10 percent. The company will initially develop local bidding, engineering and technical-support capabilities for Taiwanese power projects, extending the cooperation beyond equipment supply.

The structure gives Nan Ya a direct role in project execution rather than limiting the group to manufacturing. The venture will combine LS Electric's power-equipment and design capabilities with Nan Ya's local production base and engineering, procurement and construction network, according to The Korea Times.

First-half figures show a sharp rebound

Nan Ya's consolidated revenue reached TWD 152.24 billion in the first half of 2026, up 16.0 percent from TWD 131.27 billion a year earlier. Operating profit rose to TWD 15.10 billion from TWD 1.34 billion, while gross margin increased to 16 percent from 8 percent, according to Quartr.

Pre-tax income reached TWD 46.84 billion, compared with a TWD 3.38 billion loss in the first half of 2025. EPS was TWD 5.17 after a loss of TWD 0.46 a year earlier, with second-quarter EPS at TWD 3.37, the same Quartr summary said.

Consensus target remains below the new quote

Analyst coverage compiled by MarketScreener on September 21, 2026 showed an Outperform consensus from seven analysts, with an average target of TWD 257.00 against a TWD 231.50 close on September 22. The published spread was 11.02 percent above that reference close, making the dated consensus a useful counterpoint to the current TWD 310 quote.

At TWD 310 on October 8, 2026, the stock stood TWD 12 below its 52-week high of TWD 322 and well above its 52-week low of TWD 39.60. The market capitalization was TWD 2.5 trillion and trading volume reached 73,192,408 shares.

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