First-Half Revenue Hits Record High, July Performance Remains Strong
C-Tel Energy released its second-quarter consolidated financial report on August 10, 2026. The company’s first-half revenue reached NT$7.274 billion, a year-on-year increase of 1,508%, with earnings per share (EPS) of NT$5.8, both setting new record highs for the same period. C-Tel Energy attributed the revenue growth to the continuous progress of large-scale project engineering and a significant increase in battery module shipments, reflecting the rapid expansion of global energy storage market demand.
In July 2026 alone, the company’s revenue reached NT$924 million, a year-on-year increase of 1,528.78%. The cumulative revenue for the first seven months of the year totaled nearly NT$8.2 billion, approaching twice the full-year revenue of NT$4.221 billion in 2025. C-Tel Energy stated that with the acceleration of global energy transition and the rising demand for stable power from the AI industry, the company’s operational momentum is expected to remain strong in the second half of the year. This growth trend not only demonstrates the company’s competitiveness in energy storage system integration but also lays a solid foundation for further expansion into overseas markets.
Launches First Unsecured Convertible Bond Offering to Strengthen Capital Structure
To address funding needs for AI energy infrastructure construction and overseas business expansion, C-Tel Energy’s board approved the issuance of the company’s first unsecured convertible bond (CB) on August 10, 2026. The company indicated that the proceeds will be used to bolster working capital and repay a portion of bank loans, enhancing financial flexibility and capital structure stability. While the specific fundraising amount and issuance timeline have not yet been disclosed, this bond offering reflects the company’s proactive planning for future operational expansion.
C-Tel Energy emphasized that as the AI industry’s demand for efficient energy management grows, the company will continue to strengthen its energy storage system integration capabilities to secure more large-scale projects. The convertible bond issuance will not only help meet short-term funding needs but also provide stronger resource support for the company’s competitiveness in the global energy storage market. The company expects AI energy infrastructure to become a key driver of future operational growth.
Expands into U.S. and Australian Markets, Broadens Global Energy Storage Footprint
In the first half of 2026, C-Tel Energy officially entered the North American market, securing its first energy storage system order in the United States, marking a significant milestone in the company’s overseas business expansion. The company stated that it will leverage its energy storage system integration capabilities to continue expanding in the U.S. market and pursue more project collaboration opportunities. While the specific amount and client details of this order have not been disclosed, this development signals the company’s initial success in the North American market.
Additionally, C-Tel Energy’s board approved entry into the Australian market on August 10, further expanding its overseas presence. The company has already established business operations in Japan and Southeast Asia, and with the addition of Australia, it will gradually build a global operational network spanning the Asia-Pacific and North America. C-Tel Energy anticipates that overseas energy storage markets will become a critical driver of future revenue growth and will continue to advance global energy storage solutions.
Although the scale and revenue contribution of the company’s operations in Japan and Southeast Asia have not been publicly disclosed, C-Tel Energy stated that it will continue to deepen its presence in the Asia-Pacific region and solidify its leading position in the global energy transition through technological advantages. With the inclusion of the U.S. and Australian markets, the company’s strategic goals for global expansion are progressively being realized, and future growth potential remains promising.
