DAEDONG CORPORATION Q3 operating loss of KRW 39.3 billion on KRW 352.4 billion revenue, swinging to a loss
DAI summary · Not investment advice
Daedong sold KRW 352.4 billion in Q3 but lost KRW 39.3 billion from its main business, a turn to loss from the same period last year and from the prior quarter.
Operating profit · 3 months
KRW -39.3 billion
Key facts
- Revenue (3 months)
- KRW 352.4 billion
- Net income (3 months)
- KRW -73.3 billion
- Period
- Q3 (cumulative 2026.01.01 ~ 2026.09.30)
- Revenue (prior-year 3 months)
- KRW 354.1 billion
- Revenue (year to date)
- KRW 1.2 trillion
- Operating profit (prior-year 3 months)
- KRW 449.9 million
- Operating profit (year to date)
- KRW 7.9 billion
- Net income (prior-year 3 months)
- KRW -3.7 billion
- Net income (year to date)
- KRW -58.0 billion
Commentary
AI commentary · Not investment advice
What happened
Daedong reported its consolidated results for the third quarter of 2026. Sales for the latest 3 months were KRW 352.4 billion. That is 0.5% lower than the same 3 months a year earlier (KRW 354.1 billion). It is also 24.6% 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 39.3 billion. A year earlier, the same period showed a profit of KRW 450.0 million. The filing also shows a swing to a loss versus the previous quarter. Net income for the 3 months was a loss of KRW 73.3 billion, compared with a loss of KRW 3.7 billion a year earlier.
What changes for shareholders
For the year to date, sales were KRW 1,197.2 billion. Operating profit was KRW 7.9 billion. Net income was a loss of KRW 58.0 billion.
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