Tritonix.ai

News / Taiwan / economic_daily

MeiJia-KY Swings to Loss in H1 2026 Amid Conservative North American Demand

Consumer Durables · Home Furnishings · economic_daily · 2026-08-29

8466

SPC flooring manufacturer MeiJia-KY reported a net loss of NT$142 million for the first half of 2026, citing cautious inventory strategies by North American clients.

What Happened

Financial Performance: MeiJia-KY reported a consolidated revenue of NT$1.292 billion for the first half of 2026, marking a 24.84% year-on-year decline. The company swung to a net loss of NT$142 million, resulting in a loss per share of NT$1.79, a significant downturn from the profit recorded in the same period last year.

Key Challenges: The company attributed the poor performance to rising raw material costs driven by geopolitical tensions in the Middle East, which led North American clients to adopt conservative ordering and inventory strategies. Consequently, order volumes and production utilization rates failed to reach the levels seen in the previous year.

Market Recovery: Management noted that inventory levels among European and American clients have returned to reasonable ranges, with resilient demand for SPC flooring in the North American renovation market. Since the second quarter, there has been a gradual recovery in order intake and improved visibility for future shipments.

Strategic Outlook: Moving forward, the company plans to deepen client partnerships and expand its product portfolio, including lightweight SPC flooring currently in trial production for new North American customers. Additionally, the company is optimizing production processes at its Tainan plant to improve efficiency and cost competitiveness.

Read original

More in Consumer Durables

BYD Shares Dip in Hong Kong Following Weak First-Half Profit Performance

Consumer Durables · cnbc · 2026-08-31

BYD stock declined nearly 5% as the automaker reported a 20.5% drop in first-half net profit, citing intense market competition and rising input costs.

1211-HK, 1211-HK, BYD

Group Arrested for Illegally Exporting 50.7 Billion Won in Used Cars to Sanctioned Nations

Consumer Durables · yonhap_finance · 2026-08-31

Authorities have apprehended four individuals for smuggling over 1,000 used cars to sanctioned countries and laundering payments via cryptocurrency.

Vietnam's Vingroup Plans Up to 400 Billion Won Arirang Bond Issuance in Korea

Consumer Durables · yonhap_finance · 2026-08-30

Vietnam's largest private conglomerate Vingroup is preparing to raise up to 400 billion won through a private placement of won-denominated bonds in Korea.

Latest in Taiwan

Csun Marks 60th Anniversary as AI-Driven Business Hits 70% of Revenue

Electronic Technology · cnyes · 2026-08-31

Csun, a key supplier to TSMC, reports that AI-related business now accounts for 70% of its revenue, driven by strong demand for advanced packaging and PCB solutions.

2330, 2467, 5443, 6640, 8064

Jelikang Biotech Debuts on Emerging Stock Market with Fubon Securities Support

Health Technology · economic_daily · 2026-08-31

Jelikang Biotech officially listed on Taiwan's Emerging Stock Market on August 31, focusing on innovative minimally invasive medical aesthetics and tissue repair technology.

7686

Uni-President's icash Pay Launches Back-to-School Promotion with Up to 11% Rewards

Consumer Services · cnyes · 2026-08-31

Uni-President's icash Pay partners with major stationery chains to offer up to 11% in OPENPOINT rewards, targeting the September back-to-school shopping season.

2912

Global Smartphone Panel Shipments to See Milder 2.5% Decline in 2026, Driven by Secondary Markets

Electronic Technology · cnyes · 2026-08-31

TrendForce reports that despite supply chain cost pressures, robust demand from the secondary and repair markets will help stabilize 2026 smartphone panel shipments.