AVATEC CO.,LTD. Q3 operating profit KRW 0.7 billion, down 78.2% from a year earlier
AAI summary · Not investment advice
Avatec sold KRW 15.3 billion in Q3 and made KRW 0.7 billion from its main business, down 78.2% from a year earlier and up 114.9% from the prior quarter.
Operating profit · 3 months
KRW 721.6 million
Key facts
- Revenue (3 months)
- KRW 15.3 billion
- Net income (3 months)
- KRW 224.5 million
- Period
- Q3 (cumulative 2026.01.01 ~ 2026.09.30)
- Revenue (prior-year 3 months)
- KRW 22.8 billion
- Revenue (year to date)
- KRW 49.2 billion
- Operating profit (prior-year 3 months)
- KRW 3.3 billion
- Operating profit (year to date)
- KRW 1.8 billion
- Net income (prior-year 3 months)
- KRW 3.0 billion
- Net income (year to date)
- KRW 2.5 billion
Commentary
AI commentary · Not investment advice
What happened
Avatec filed its quarterly report with standalone results for the third quarter of 2026. Sales for the latest 3 months were KRW 15.28 billion. That is 33.0% lower than the same 3 months a year earlier (KRW 22.82 billion) and 9.6% lower than the previous quarter. Cumulative sales this year are KRW 49.16 billion.
In the company's terms
Operating profit (profit from the core business) for the latest 3 months was KRW 721.6 million. That is 78.2% lower than a year earlier (KRW 3.30 billion) and 114.9% higher than the previous quarter. Cumulative operating profit this year is KRW 1.82 billion.
What changes for shareholders
Net income (the final profit after taxes and other costs) for the latest 3 months was KRW 224.5 million. That is 92.6% lower than a year earlier (KRW 3.05 billion) and 82.9% lower than the previous quarter. Cumulative net income this year is KRW 2.45 billion.
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