WW Holding (8442.TW) reported second-quarter 2026 net profit attributable to its parent of NT$94.6 million (about $3.0 million), up 43.64x from the previous quarter and 37.5x from a year earlier, reaching a five-quarter high. Quarterly revenue rose 18.96% year over year to NT$2.35 billion (about $73.7 million), while operating income was NT$131 million (about $4.1 million). Gross margin was 17.79%, an increase of 2.18 percentage points from the previous quarter but a decline of 1.32 percentage points year over year. Second-quarter EPS (earnings per share) was NT$1.35, taking first-half EPS to NT$1.38. First-half revenue rose 9.5% year over year to NT$4.33 billion (about $136.0 million), while gross margin fell 3.43 percentage points to 16.79% and net profit declined 42.97% to NT$96.72 million (about $3.0 million). WW Holding said a learning-curve bottleneck at its Weibao Cambodia plant continued to weigh on first-half gross margin, although optimization measures are being implemented to improve production efficiency. Nylon bags, leather goods and accessories accounted for 45% of first-half revenue, followed by sports and golf bags at 24%, luggage and bags at 17%, and sports gloves, protective gear and accessories at 14%. With the European and U.S. holiday and department-store promotion season approaching, the company said consumer demand is showing positive signals and existing-brand orders remain stable. Plants in Cambodia, Thailand and Vietnam have begun overtime schedules, while the Cambodia Guangtai plant plans to expand production lines for men's business bags. WW Holding expects improving production efficiency, economies of scale and a stronger profit structure could allow profit growth to outpace revenue growth. Institutional analysts said the second-quarter improvement reflected recovering sports and premium-bag orders and the company's multinational capacity deployment, with further gross-margin and profit-structure gains possible if the Cambodia bottleneck eases during the second half and Q4 peak-season shipments increase.