News / Taiwan / cnyes
Shin Li Chemical Hits Record August Revenue on Strong Sports Brand Demand
Process Industries · Chemicals: Specialty · cnyes · 2026-09-10
4303
Shin Li Chemical reported record-breaking August revenue of NT$148 million, driven by robust demand for new sports footwear materials and product line optimization.
What Happened
Record Revenue Growth: Shin Li Chemical (4303-TW) announced its August consolidated revenue reached NT$148 million, marking a 37.71% monthly increase and a 52.27% year-over-year surge. This performance sets a new historical record for the month, with year-to-date revenue through August also hitting a new high.
Key Growth Drivers: The strong results are attributed to the company's successful diversification into footwear, packaging, and functional materials. Increased stocking demand from major global sports brands for new footwear launches and holiday collections has significantly boosted the company's operational momentum.
Technological Pivot: Subsidiary Puda Applied Materials is shifting its focus from traditional synthetic leather to lightweight PU Film solutions. By showcasing advanced materials at international trade shows, the company is effectively capturing the evolving design and performance needs of global footwear manufacturers.
Future Outlook: Management remains cautiously optimistic about the second half of the year, focusing on product innovation and group-wide resource integration. The company aims to sustain its growth trajectory by prioritizing high-value, low-carbon, and eco-friendly material developments.