COWIN ROBOTICS Co., Ltd Q3 revenue KRW 59.8 billion, operating loss KRW 1.7 billion, net loss KRW 19.7 billion
CAI summary · Not investment advice
Kowin Robotics sold KRW 59.8 billion in Q3 but lost KRW 1.7 billion from its main business; sales rose 52.3% from a year earlier and 2.5% from the prior quarter.
Operating profit · 3 months
KRW -1.7 billion
Key facts
- Revenue (3 months)
- KRW 59.8 billion
- Net income (3 months)
- KRW -19.7 billion
- Period
- Q3 (cumulative Jan 1, 2026 ~ Sep 30, 2026)
- Revenue (prior-year 3 months)
- KRW 39.3 billion
- Revenue (year to date)
- KRW 158.0 billion
- Operating profit (prior-year 3 months)
- KRW -2.5 billion
- Operating profit (year to date)
- KRW -10.1 billion
- Net income (prior-year 3 months)
- KRW 1.3 billion
- Net income (year to date)
- KRW -23.2 billion
Commentary
AI commentary · Not investment advice
What happened
Corwin Robotics reported its consolidated results for the third quarter (July to September) of this year. Sales for the 3 months were KRW 59.84 billion. That is up 52.3% from the same period a year earlier and up 2.5% from the previous quarter.
In the company's terms
Operating profit (profit from the core business) for the 3 months was a loss of KRW 1.66 billion. A year earlier it was a loss of KRW 2.46 billion. Net income (final profit after taxes and other costs) was a loss of KRW 19.68 billion. A year earlier it was a profit of KRW 1.30 billion, so it turned into a loss.
What changes for shareholders
For the year to date (January to September), sales were KRW 158.02 billion. Operating profit was a loss of KRW 10.10 billion. Net income was a loss of KRW 23.22 billion.
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