Daejeon Electronics recorded historic growth in its preliminary earnings for the second quarter of 2026.

On the 31st, Daejeon Electronics announced through its consolidated preliminary earnings disclosure that it achieved KRW 400.975 billion in revenue and KRW 70.276 billion in operating profit for the second quarter of 2026.

These figures represent increases of 15.8% in revenue and 37.0% in operating profit compared to the previous quarter. Notably, compared to the same period last year, revenue surged 63.1% and operating profit skyrocketed 3,666.0%, demonstrating an overwhelming growth rate.

Net income also improved significantly. Second-quarter net income stood at KRW 57.675 billion, up 26.8% from the previous quarter. Furthermore, it soared 1,208.1% compared to the same period last year (KRW 4.09 billion), with net income attributable to owners of the parent company recording the same figure.

Impressive results were also achieved on a cumulative first-half basis. Cumulative revenue for the first half reached KRW 747.289 billion, growing 62.0% year-on-year. Cumulative operating profit amounted to KRW 121.575 billion, marking a successful turnaround into the black in stark contrast to the operating loss of KRW 4.335 billion recorded in the first half of last year.

In addition, cumulative profit before corporate tax from continuing operations reached KRW 134.417 billion, while cumulative net income and net income attributable to owners of the parent company each reached KRW 103.177 billion, all successfully returning to profitability compared to the same period last year.

Meanwhile, Daejeon Electronics is scheduled to hold a Q2 2026 earnings presentation at 4:00 PM today, targeting institutional investors, general investors, and analysts. The company added that the figures announced are preliminary consolidated operating results based on the Korean International Financial Reporting Standards (K-IFRS) and may be subject to change following the accounting review process by an external auditor.