Daedong recorded strong earnings in the second quarter of 2026, with both consolidated revenue and operating profit increasing significantly compared to the same period last year.

According to Daedong on the 10th, consolidated revenue for the second quarter of this year stood at KRW 467.081 billion, up 12.7% from the same period last year (KRW 414.557 billion). Operating profit for the same period reached KRW 41.233 billion, a 64.3% increase compared to the same period last year (KRW 25.1 billion).

The growth trend is also evident compared to the previous quarter (Q1). Revenue increased by 23.7% from KRW 377.732 billion, while operating profit surged by 584.7% from KRW 6.022 billion.

Profitability indicators also improved significantly. Profit before income tax from continuing operations for the second quarter amounted to KRW 23.498 billion, turning from a loss in the previous quarter to a profit, and increasing 40.7% compared to the same period last year. Net income for the period also recorded KRW 21.419 billion, swinging back to profit from a loss in the previous quarter, and surging 213.7% year-on-year. Net income attributable to owners of the parent company stood at KRW 26.193 billion, up 144.0% from the same period last year.

On a cumulative basis for the first half of this year, the company achieved revenue of KRW 844.812 billion (up 5.4% year-on-year) and operating profit of KRW 47.255 billion (up 0.9% year-on-year). Meanwhile, cumulative net income for the first half was KRW 15.288 billion, down 4.0% from the same period last year.

These figures are estimates based on preliminary K-IFRS consolidated financial statements, as the external auditor's review has not yet been completed. The company plans to disclose detailed revenue and profit information through the semi-annual report to be submitted in the future.