ThinkwareSystemsCorporation Q3 operating loss of KRW 5.1 billion on KRW 104.9 billion in sales, sales down 20.5% year on year
AI summary · Not investment advice
Thinkware sold KRW 104.9 billion worth in the third quarter and lost KRW 5.1 billion from its main business, after earning KRW 3.5 billion a year earlier.
Operating profit · 3 months
KRW -5.1 billion
Key facts
- Revenue (3 months)
- KRW 104.9 billion
- Net income (3 months)
- KRW -12.4 billion
- Period
- Q3 (cumulative 2026.01.01 ~ 2026.09.30)
- Revenue (prior-year 3 months)
- KRW 132.0 billion
- Revenue (year to date)
- KRW 358.4 billion
- Operating profit (prior-year 3 months)
- KRW 3.5 billion
- Operating profit (year to date)
- KRW -13.2 billion
- Net income (prior-year 3 months)
- KRW 1.8 billion
- Net income (year to date)
- KRW -17.2 billion
Commentary
AI commentary · Not investment advice
What happened
Tinkware filed its quarterly report for Q3 2026, covering July to September. On a consolidated basis, sales for the 3 months were KRW 104.9 billion. That is 20.5% lower than the same 3 months a year earlier (KRW 131.97 billion). It is also 21.6% lower than the previous quarter.
In the company's terms
Operating profit (profit from the core business) for the 3 months was a loss of KRW 5.1 billion, a swing from profit. A year earlier, the same period showed a profit of KRW 3.45 billion. Net income (final profit after taxes and other items) was a loss of KRW 12.4 billion, also a swing from profit. A year earlier, it was a profit of KRW 1.77 billion.
What changes for shareholders
For the year to date (Jan 1 to Sep 30), sales were KRW 358.4 billion. Operating profit was a loss of KRW 13.2 billion. Net income was a loss of KRW 17.2 billion.
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