Binex Co., Ltd. Q3 revenue KRW 51.5 billion, operating profit KRW 1.5 billion, up 501.8% from a year earlier
BAI summary · Not investment advice
Binex sold KRW 51.5 billion worth in Q3 and earned KRW 1.5 billion from its main business, up 501.8% from a year earlier, turning profitable after a loss in the prior quarter.
Operating profit · 3 months
KRW 1.5 billion
Key facts
- Revenue (3 months)
- KRW 51.5 billion
- Net income (3 months)
- KRW 1.4 billion
- Period
- Q3 (cumulative Jan 1, 2026 ~ Sep 30, 2026)
- Revenue (prior-year 3 months)
- KRW 45.4 billion
- Revenue (year to date)
- KRW 124.6 billion
- Operating profit (prior-year 3 months)
- KRW 241.9 million
- Operating profit (year to date)
- KRW -16.7 billionCumulative operating loss
- Net income (prior-year 3 months)
- KRW -976.0 millionNet loss in the same period last year
- Net income (year to date)
- KRW -23.2 billionCumulative net loss
Commentary
AI commentary · Not investment advice
What happened
Binex reported its consolidated results for the 3rd quarter of 2026. Sales for the latest 3 months were KRW 514.9 billion. That is up 13.5% from a year earlier and up 36.2% from the previous quarter. Cumulative sales this year are KRW 1,246.2 billion.
In the company's terms
Operating profit (profit from the core business) for the 3 months was KRW 1.46 billion. That is up 501.8% from KRW 0.24 billion a year earlier. It turned to profit from a loss in the previous quarter. Cumulative operating loss this year is KRW 16.67 billion.
What changes for shareholders
Net income (the final profit after taxes and all other items) for the 3 months was KRW 1.43 billion. A year earlier it was a net loss of KRW 0.98 billion. It also turned to profit from a loss in the previous quarter. Cumulative net loss this year is KRW 23.21 billion.
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