Fukuta Electric & Machinery Clarifies Report Forecasting 2026 Revenue; Shares Rally 9%
Fukuta Electric & Machinery (TPE:4590) said it has not provided any financial forecasts after Economic Daily News reported that institutional investors expected the company's 2026 revenue to post double-digit growth, according to a Thursday Taiwan Exchange filing. Shares jumped 9% in Thursday's midday trade. The company said it had not issued any specific guidance on revenue or profitability and that all financial information should be based on disclosures published through Taiwan's Market Observation Post System.
Fukuta Electric & Machinery (TPE:4590) said it has not provided any financial forecasts after Economic Daily News reported that institutional investors expected the company's 2026 revenue to post double-digit growth, according to a Thursday Taiwan Exchange filing.
Shares jumped 9% in Thursday's midday trade.
The company said it had not issued any specific guidance on revenue or profitability and that all financial information should be based on disclosures published through Taiwan's Market Observation Post System.