SeoulAuctionCo.Ltd.. Q3 operating profit KRW 0.2 billion, turning profitable; revenue KRW 5.3 billion
AI summary · Not investment advice
Seoul Auction sold KRW 5.3 billion in Q3 and earned KRW 0.2 billion from its main business, turning profitable from a loss a year earlier and down 37.9% from the prior quarter.
Operating profit · 3 months
KRW 239.6 million
Key facts
- Revenue (3 months)
- KRW 5.3 billion
- Net income (3 months)
- KRW 305.2 million
- Period
- Q3 (cumulative 2026.01.01 ~ 2026.09.30)
- Revenue (prior-year 3 months)
- KRW 5.6 billion
- Revenue (year to date)
- KRW 24.9 billion
- Operating profit (prior-year 3 months)
- KRW -746.0 millionLoss
- Operating profit (year to date)
- KRW 914.5 million
- Net income (prior-year 3 months)
- KRW -2.1 billionLoss
- Net income (year to date)
- KRW -993.9 millionLoss
Commentary
AI commentary · Not investment advice
What happened
Seoul Auction reported its consolidated results for the 3rd quarter of 2026. Sales for the latest 3 months were KRW 5.29 billion. That is 6.3% lower than the same period a year earlier and 24.1% higher than the previous quarter. Cumulative sales this year are KRW 24.86 billion.
In the company's terms
Operating profit (profit from the core business) for the latest 3 months was KRW 239.6 million. A year earlier, the company had an operating loss of KRW 746.0 million, so it returned to profit. It is 37.9% lower than the previous quarter. Cumulative operating profit this year is KRW 914.5 million.
What changes for shareholders
Net income (the final profit after all costs and taxes) for the latest 3 months was KRW 305.2 million, a profit. A year earlier, there was a net loss of KRW 2.12 billion. Cumulative net income this year is a loss of KRW 993.9 million.
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