King Slide Works Co (2059) Q1 2026 earnings summary

Executive summary

• Leading global manufacturer of precision rail kits, specializing in server, kitchen, and office applications since 1986.

• Extensive R&D with over 3,693 patents approved worldwide as of May 2026.

• Products distributed globally, with a dominant focus on server rail kits (97.87% of 2025 sales).

Financial highlights

• 2026 Q1 sales reached NT$5.45 billion, up 37.8% year-over-year.

• Gross margin for 2026 Q1 was 77.7%, with operating margin at 67.1% and net profit margin at 64.0%.

• 2026 Q1 EPS after tax was NT$36.58, compared to NT$26.35 in Q1 2025.

• Net profit for 2026 Q1 grew 38.8% year-over-year.

• Total assets increased to NT$39.5 billion as of March 2026.

Outlook and guidance

• Targeting further growth in server rail kits and expansion in kitchen/home furniture markets.

• Focus on new product development for both existing and new markets and customers.