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King Slide Works Co Ltd (2059) investor relations material
King Slide Works Co Ltd Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Leading global manufacturer of precision rail kits for server, office, and kitchen applications, emphasizing innovation and sustainability.
Over 1,500 employees and 450+ R&D engineers, with a large patent portfolio and global certifications.
Consolidated revenue for 1H 2024 reached NT$8,182.9 million, up 84% year-over-year.
Net income for 1H 2024 was NT$3,125.6 million, a 10% increase year-over-year.
EPS for 1H 2024 was NT$32.80 basic and NT$32.24 diluted.
Financial highlights
2025 Q2 sales reached NT$4.23 billion, with rail kits accounting for over 96% of revenue.
Gross margin rose to 77.5% in 2025 Q2, up from 71.8% in 2024 Q4.
Net profit margin for 2025 Q2 was 38.2%, with EPS after tax at NT$6.45 for the quarter and NT$32.80 for 1H 2025.
Operating margin for 1H 2024 was 69%, up from 57% year-over-year.
Cash and cash equivalents as of June 30, 2024, were NT$19,705.1 million.
Outlook and guidance
Targeting growth in server, cloud, AI, and high-end kitchen markets, with continued investment in R&D and new product development.
Focus on expanding market share in global kitchen slide segment, currently at 2% of a US$3.5 billion market.
Management continues to monitor the impact of new IFRS standards and expects no material changes.
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