Benefiting from the New Taiwan Dollar exchange rate and cash dividend yield, construction stocks are showing strong growth potential recently. Listed construction firms like Huang Hsiang and Darli have cash dividend yields of 8.56% and 6.97%, respectively, and their optimistic performance this year has made them the focus of the market.

These construction stocks have recently drawn the attention of many investors, demonstrating stable performance. Yong Hsin's cash dividend yield reaches 10.8%, and other firms such as Lung Da, Hwa Yo Union, Huang Hsiang, and Shin Baba have yields above 8%. Notably, Darli's cash dividend yield stands at 6.97%.

Huang Hsiang is scheduled to have its ex-dividend date on the 17th, while Darli has just held its shareholders meeting, releasing several potential positive signals. Last year, Huang Hsiang reported an EPS of 9.05 NTD with a dividend payout of 4.5 NTD. Based on the closing price of 52.6 NTD on the 13th, the cash dividend yield is 8.56%. In the first quarter, the company achieved a net profit of 115 million NTD with an EPS of 0.35 NTD.

Moreover, the total sales of Huang Hsiang's “Huang Hsiang Chien Yue” project in New Taipei City reached 1.9 billion NTD, successfully completed and delivered. In May, the revenue reached 1.885 billion NTD, marking a 100.64% year-on-year increase, the highest in nine months, and the second highest record for the same period historically. The cumulative revenue for the first five months was 3.859 billion NTD, a 15.62% decrease year-on-year, yet still the fourth highest for the same historical period.

Looking ahead, Huang Hsiang stated that the public redevelopment case “Huang Hsiang Yang Mei” in the Tucheng Dingpu area will be launched in the second half of the year, expecting to sell around 80 units in the fourth quarter, with total sales around 2.7 billion NTD, and more than 20 units to be released afterwards. Additionally, the high-end property “Huang Hsiang Yu Chue” in the Xinyi planning area continues to see sales, and the occupancy rate of “Huang Hsiang Taipei Plaza” on Chengde Road has reached 50%, with estimated annual rental income of about 600 million to 700 million NTD if fully leased.

Darli is taking a strategy close to rail economic zones and industrial parks, expecting total sales of 3.5 billion NTD for this year with the completion of “Darli Tian Shi” in the third quarter and “Darli World Ren” worth 9.1 billion NTD in October, totaling 12.6 billion NTD. From 2025 onwards, the average annual completion volume is expected to exceed 15 billion NTD, positioning them among medium to large construction firms, with a promising performance outlook in the short, medium, and long term.