Taiwan Paiho and its parent Paiho Shih Holdings reported solid revenue gains in September, driven by a recovery in customer orders. Taiwan Paiho posted NT$1.437 billion in consolidated revenue, up 13.33% year-over-year, bringing its nine-month total to NT$11.596 billion, a 24.85% increase. Similarly, Paiho Shih Holdings achieved NT$638 million in revenue for September, marking a 26.39% annual increase, with a cumulative nine-month revenue of NT$5.237 billion, up 34.07% from the previous year.
The companies attribute the growth to robust demand across product lines, especially in webbing shoelaces, warp knitted jacquard, and hook and loop straps. Taiwan Paiho highlighted that increasing production capacity for high-value items like knitted jacquard is expected to further strengthen revenue contributions in the future.
Taiwan Paiho’s revenue, including a NT$16 million contribution from Paiho Shih Holdings’s real estate, was mainly sourced from its subsidiary Paiho Industrial (45%), Vietnam (29%), Taiwan (15%), Indonesia (9%), and North America (2%).
Expanding its portfolio, Taiwan Paiho is targeting the medical rehabilitation market, with plans to apply for medical certification by year-end. The company also intends to establish a new factory in India, focusing on expanding its product applications in electronics and integration into 3C supply chains, a move aimed at stabilizing shipment growth amid rising global demand.
