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Golf Equipment Maker Foryou Posts 61% Profit Growth in Q3
Consumer Durables · Recreational Products · economic_daily · 2026-11-04
Golf club manufacturer Foryou reported a 61% year-over-year increase in Q3 net profit to NT$22 million, with EPS reaching NT$0.44, as improved cost management boosted margins.
What Happened
Financial Results: Golf equipment contract manufacturer Foryou (8928) reported its third-quarter financial results, showing a net profit of NT$22 million, a 61% increase compared to the same period last year. The company achieved an earnings per share (EPS) of NT$0.44 for the quarter.
Margin Improvement: Despite a 5.9% year-over-year decline in quarterly revenue to NT$5.94 billion due to traditional off-season effects, the company significantly improved its profitability. Effective cost control measures helped boost the gross margin from 8.4% in the previous year to 15.9%.
Future Outlook: Looking ahead to the fourth quarter, Foryou noted that while there are no new product orders, existing product lines remain in high demand. Based on the production schedules of major clients, the company expects shipment volumes to remain at peak-season levels.
Strategic Positioning: By focusing on operational efficiency and maintaining strong relationships with key clients, Foryou has demonstrated resilience during the industry's off-season. Investors are closely watching the company's ability to sustain this momentum through the end of the year.