Teco joins a CAD 400,000 hydrogen project: what it means for Teco stock
Published on 10/19/2026 at 03:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSExpansion and reporting milestones
- Teco joined a one-year green hydrogen project backed by CAD 400,000 on October 13, 2026.
- Second-quarter adjusted earnings per share reached TWD 1.12, compared with TWD 0.51 in the first quarter.
- Teco's next earnings report is scheduled for November 18, 2026.
Teco (TW0001504009) stock was trading at TWD 68.70 on the Taiwan Stock Exchange on October 19, 2026 at 9:29 a.m. TST. The company joined a one-year green hydrogen research project backed by up to CAD 400,000, according to Yahoo Finance on October 13, 2026. The project adds a technology-development angle to Teco's expansion beyond traditional electrical equipment.
Hydrogen adds a new technology angle
The project will develop anion exchange membrane water electrolysis for potentially more efficient and lower-cost hydrogen production. DCL International will work on catalyst formulations, while Teco will integrate the components into an electrolyzer, as described by Yahoo Finance on October 13, 2026.
The financial backdrop is also improving on a quarterly basis. Teco's second-quarter revenue was TWD 16.60 billion, compared with TWD 14.24 billion in the first quarter, while second-quarter earnings per share reached TWD 1.12 versus TWD 0.51, according to ToAlpha.
Three dated expansion steps
On September 29, 2026, Teco presented an ongoing 10 MW modular data center project in Singapore, according to TECO Australia and New Zealand. On October 2, 2026, its board approved up to TWD 1.27 billion for a Singapore joint venture and an Indonesian transformer plant, according to ToAlpha. On October 13, 2026, the company joined the CAD 400,000 hydrogen project described by Yahoo Finance.
What dates matter next?
Teco's next earnings report is scheduled for November 18, 2026, according to TradingView. That date will give investors a fresh test of whether data center, energy and industrial projects are translating into reported growth.
Market value and operating scale
Teco's September 2026 monthly revenue reached TWD 5.92 billion, up 13.68 percent from September 2025, according to ToAlpha. The same source shows a 2026 earnings-per-share forecast of TWD 3.10, compared with TWD 2.40 for 2025, a 29.17 percent increase.
Teco's stock was trading at TWD 68.70 on the Taiwan Stock Exchange on October 19, 2026 at 9:29 a.m. TST. Its 52-week range was TWD 58.50 to TWD 127.50, while market capitalization stood at TWD 161.1 billion on the same date.
Teco stock facts
- Company: TECO Electric & Machinery Co., Ltd.
- ISIN: TW0001504009
- Ticker: 1504
- Primary exchange: Taiwan Stock Exchange
- Primary-exchange price (as of October 19, 2026, 9:29 a.m. TST): TWD 68.70
- Market capitalization: TWD 161.1 billion (as of October 19, 2026)
- 52-week range: TWD 58.50-127.50 (as of October 19, 2026)
- Sector / Industry: Industrials / Industrial Machinery
Market context: Market report TAIEX.
