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Pou Chen Returns to Profitability as August Revenue Climbs
Consumer Non-Durables · Apparel/Footwear · cnyes · 2026-09-10
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Footwear giant Pou Chen reported a strong August revenue of NT$20.62 billion, signaling a recovery as the company returns to profitability in 2026.
What Happened
Revenue Growth Momentum: Pou Chen reported August revenue of NT$20.62 billion, reflecting a 5.41% month-on-month and 4.33% year-on-year increase. This growth indicates a clear recovery in its core footwear manufacturing business, with the year-to-date revenue decline narrowing to 1.77%.
Return to Profitability: The company achieved a net profit of NT$6.983 billion in the first half of 2026, successfully turning around from losses in the previous year. The second quarter was particularly strong, with net profit surging 1.13 times quarter-on-quarter, resulting in an EPS of NT$1.61.
Operational Outlook: Although the third quarter remains a traditional off-season for the footwear industry, August data suggests a positive trend. Management expects shipments in the fourth quarter to outperform the third quarter as seasonal demand picks up, supporting a continued recovery in the second half of the year.
Financial Optimization: Pou Chen has made significant progress in improving its gross margins and operational efficiency through strategic product mix adjustments. With global consumer demand stabilizing, the company remains cautiously optimistic about its future performance.