Yuching-KY Achieves Diversified Business Expansion with Q2 Revenue of NT$1.103 Billion, Second-Highest in Same Period History

Yuching-KY (6957-TW) is advancing its diversified business development and today (10th) released its latest revenue figures. In the second quarter of 2026, revenue reached NT$1.103 billion, representing a 9.35% increase quarter-on-quarter and a 37.02% year-on-year growth, setting the second-highest record for the same period in history.

Revenue for June 2026 was NT$422 million, up 35.17% month-on-month and 33.53% year-on-year. Cumulative revenue for the first half of 2026 (January to June) reached NT$2.111 billion, a 32.13% year-on-year increase.

The strong Q2 performance was primarily driven by increased shipment momentum from display rack orders for major retail channels such as Home Depot, Target, and Lowe’s. Additionally, the recognition of installation services for Lowe’s smart sprinkler system display racks, which were intensively recorded in Q2, further boosted the overall commercial display rack ODM/OEM business. This segment saw a 49.44% year-on-year revenue increase, with its share of total revenue rising from 76.62% in the same period last year to 84.54%, becoming a key driver for quarterly performance.

Yuching-KY emphasized that to enhance competitiveness and growth momentum in its commercial display rack business, it is actively building a diversified growth strategy this year, including deepening the synergies of its integrated 'Design + Manufacturing + Installation Services' model.

In Q2 2026, installation service revenue accounted for 17.75% of the commercial display rack business. The company also officially launched its home door lock business unit in the same quarter. As product lines mature, customer onboarding progresses, and order volumes scale up, the home door lock business has the potential to become a new growth engine for expanding the group’s retail product portfolio. Meanwhile, Yuching-KY is actively advancing the development of new smart digital display racks, achieving favorable progress and paving the way for accelerated growth in smart retail product lines.

Looking ahead to the second half of 2026, Yuching-KY maintains a cautiously optimistic outlook. With ongoing expansion into new commercial display rack clients and multiple new projects entering mass production and shipment phases, business momentum is expected to significantly increase in the second half based on current customer order visibility. Additionally, the company will launch its sheet metal processing business unit in the second half of 2026, leveraging its existing metal processing capabilities and process advantages to broaden product applications and order sources. This initiative aims to create operational synergies with core businesses such as commercial display racks and home door locks, adding more diversified and high-potential growth drivers for future operations.

Yuching-KY’s Q1 2026 financial report showed revenue of NT$1.008 billion, gross margin of 30.22% (down 17.28 percentage points quarter-on-quarter and 4.81 percentage points year-on-year), net profit of NT$82.57 million (down 68.51% quarter-on-quarter but up 29.07% year-on-year), and earnings per share of NT$1.51.