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Powertech Technology Clarifies Report Forecasting 2026 Revenue; Shares Down 7%

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Powertech Technology (TPE:6239) clarified that a media report suggesting its full-year revenue could surpass the record NT$83.9 billion achieved in 2022 is based on speculation, according to a Wednesday Taiwan Exchange filing.

The clarification followed a report in Taiwan's Commercial Times citing Chairman D.K. Tsai as saying at an investor conference on Tuesday that full-year revenue has the potential to exceed the 2022 record.

Powertech said it does not provide financial forecasts and that investors should rely on business and financial information disclosed through Taiwan's Market Observation Post System (MOPS).

Shares of the semiconductor packaging and testing services provider were down 7% in recent trade.

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