DaedongGear Q3 revenue KRW 53.0 billion, loss of KRW 2.0 billion from the main business
DAI summary · Not investment advice
Daedong Gear sold KRW 53.0 billion in Q3 and lost KRW 2.0 billion from its main business; sales rose 6.0% year on year and fell 20.9% from the prior quarter.
Operating profit · 3 months
KRW -2.0 billion
Key facts
- Revenue (3 months)
- KRW 53.0 billion
- Net income (3 months)
- KRW -2.5 billion
- Period
- Q3 (cumulative 2026.01.01 ~ 2026.09.30)
- Revenue (prior-year 3 months)
- KRW 50.0 billion
- Revenue (year to date)
- KRW 179.4 billion
- Operating profit (prior-year 3 months)
- KRW -517.8 million
- Operating profit (year to date)
- KRW -1.8 billion
- Net income (prior-year 3 months)
- KRW -1.6 billion
- Net income (year to date)
- KRW -4.0 billion
Commentary
AI commentary · Not investment advice
What happened
Daedong Gear reported its standalone results for the third quarter (July to September). Sales for the 3 months were KRW 53.03 billion. That is 6.0% more than the same 3 months a year earlier. It is 20.9% less than the previous quarter.
In the company's terms
Operating profit (money earned from the main business) for the 3 months was a loss of KRW 2.01 billion. A year earlier, the same 3 months showed a loss of KRW 0.52 billion. The previous quarter was not a loss, so this is a switch to a loss.
What changes for shareholders
Net income (the final profit after everything) for the 3 months was a loss of KRW 2.54 billion. A year earlier, the same 3 months showed a loss of KRW 1.62 billion. This also switched to a loss from the previous quarter.
For the year so far (January 1 to September 30), sales were KRW 179.39 billion. Operating profit was a loss of KRW 1.77 billion. Net income was a loss of KRW 3.99 billion.
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