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Zhen Ding Technology Holding Limited, a global leading PCB manufacturer, reported July 2025 revenue of NT$13,352 million, down 0.79% YoY and up 4.13% MoM. However, in U.S. dollar terms, July revenue reached a record high for the same period, with a YoY growth of 10.54%. For January through July 2025, cumulative revenue reached NT$91,638 million, up 16.91% YoY, marking a record high for the same period.
According to Zhen Ding, as it enters the traditional peak season for customer inventory build-up for new products, July revenue in U.S. dollar terms recorded double-digit YoY growth.
Nevertheless, due to unfavorable foreign exchange impacts, revenue in NTD posted a slight annual decline. Despite currency headwinds, IC substrate revenue set a new monthly record for the fourth consecutive month and continued to deliver double-digit YoY growth, demonstrating sustained strong momentum. Overall, as previously indicated by Zhen Ding, with the arrival of the traditional peak season in the third quarter, customer inventory build-up for new products will drive increases in both revenue and capacity utilization. As a result, the company's performance in the second half of the year will be significantly better than in the first half.
