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Taiwanese power equipment supplier Fortune Electric targets over 50% export sales in 2025

Leading heavy electrical equipment maker Fortune Electric has seen 2024 revenue and profit surpass last year’s levels, as its order backlog now extends to 2027-2028, according to company president I-te Hsu. The company expects exports to account for as much as 50% of its revenue in 2025, which will help boost its bottom line as exports are more profitable than sales to Taipower and other green energy products.