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Nien Made Enterprise Reports Record Q3 Margins and EPS of NT$16.75 for First 9 Months
Consumer Durables · Home Furnishings · economic_daily · 2026-11-04
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Nien Made Enterprise achieved record Q3 gross margins and operating profits, driven by North American market share gains and favorable tariff adjustments.
What Happened
Record-Breaking Profitability: Nien Made Enterprise delivered strong Q3 results, with gross margins reaching 60.83% and operating profit hitting NT$2.47 billion, both setting new historical highs. The performance was bolstered by increased market share in North American custom blinds, inventory restocking by clients, and favorable U.S. tax and tariff adjustments.
Nine-Month Financials: For the first nine months of the year, the company reported consolidated revenue of NT$23.71 billion, a 6.36% year-over-year increase. Net profit reached NT$4.91 billion, up 5.84%, resulting in earnings per share (EPS) of NT$16.75, despite some headwinds from foreign exchange losses.
Global Expansion: The company is continuing its global supply chain and channel expansion. A new facility in Saitama, Japan, is set to open in November, and a new custom blind production line in Northern Vietnam is scheduled to begin operations in December to support global growth targets.
Product Innovation: Looking ahead to next year, Nien Made plans to launch tool-free installation blinds and upgrade its motorized curtain offerings. The company is also integrating AI into its customer service and training programs to enhance operational efficiency and maintain its competitive edge.