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Shoe Manufacturers Yu Chi and Chi Chiang Report Q3 Financials and Revenue Growth

Consumer Non-Durables · Apparel/Footwear · economic_daily · 2026-11-05

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Outdoor footwear maker Yu Chi-KY reports Q3 earnings, while soccer shoe leader Chi Chiang-KY sees revenue return to growth, signaling a recovery in the footwear sector.

What Happened

Yu Chi Financials: Yu Chi-KY reported a nine-month net profit of NT$494 million, with an EPS of NT$2.46. The Q3 net profit was NT$136 million with a gross margin of 13.2%, reflecting a year-on-year decline due to broader industry headwinds.

Peak Season Outlook: Analysts expect Yu Chi's Q4 revenue and profit to show both quarterly and annual growth as the footwear industry enters its traditional peak shipping season. The company is actively adjusting its production capacity to meet the anticipated recovery in market demand.

Chi Chiang Revenue: Global soccer shoe leader Chi Chiang-KY delivered strong results, with October consolidated revenue reaching NT$2.282 billion, up 24% month-on-month and 17.6% year-on-year. The company has now posted five consecutive months of year-on-year growth, confirming its return to an upward trajectory.

Industry Trends: The operational data from these two major footwear manufacturers suggests the industry is gradually emerging from its trough. Market attention remains focused on future order momentum, particularly as sports events and consumer demand continue to recover, benefiting the supply chain.

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