GMB Korea Corp. Q3 operating profit KRW 2.7 billion, down 39.7% from a year earlier; net loss of KRW 8.3 billion
GAI summary · Not investment advice
GMB Korea sold KRW 201.7 billion in Q3 and earned KRW 2.7 billion from its main business, down 39.7% from a year earlier and down 73.1% from the prior quarter.
Operating profit · 3 months
KRW 2.7 billion
Key facts
- Revenue (3 months)
- KRW 201.7 billion
- Net income (3 months)
- KRW -8.3 billion
- Period
- Q3 (cumulative Jan 1, 2026 ~ Sep 30, 2026)
- Revenue (prior-year 3 months)
- KRW 204.1 billion
- Revenue (year to date)
- KRW 617.9 billion
- Operating profit (prior-year 3 months)
- KRW 4.4 billion
- Operating profit (year to date)
- KRW 16.2 billion
- Net income (prior-year 3 months)
- KRW 2.8 billion
- Net income (year to date)
- KRW 3.6 billion
Commentary
AI commentary · Not investment advice
What happened
GMB Korea reported its consolidated results for the 3rd quarter of 2026. Sales for the 3 months were KRW 201.7 billion. That is 1.2% lower than the same 3 months a year earlier (KRW 204.1 billion) and 6.5% lower than the previous quarter.
In the company's terms
Operating profit (profit from the core business) for the 3 months was KRW 2.7 billion. That is 39.7% lower than a year earlier (KRW 4.4 billion) and 73.1% lower than the previous quarter.
What changes for shareholders
Net income (the final profit after taxes and all other items) for the 3 months was a loss of KRW 8.3 billion. A year earlier, the company had a profit of KRW 2.8 billion, so it swung to a loss. It also swung to a loss compared with the previous quarter.
For the year so far (Jan 1 to Sep 30), sales were KRW 617.9 billion. Operating profit was KRW 16.2 billion and net income was KRW 3.6 billion.
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