Poonggang announced on the 12th that it recorded a consolidated operating profit of 3.22957 billion won for the fiscal year (September 2025 to August 2026), an increase of 343.4% compared to the previous year.

Revenue declined slightly. Revenue for the period was 88.17827 billion won, down 2.3% from the previous fiscal year (90.27311 billion won). However, operating profit surged significantly from 728.44 million won in the previous fiscal year to 3.22957 billion won.

Improvements also continued in non-operating items. Profit from continuing operations before corporate tax expenses was 5.39943 billion won, up 520.5% from the previous year (870.2 million won), while net income for the period rose 524.2% to 4.83931 billion won from the previous fiscal year (775.33 million won).

The company cited increased product sales profit and higher operating profit due to reduced selling and administrative expenses as the main reasons for the change in its profit and loss structure. It also explained that the shift to equity method profits, driven by reduced operating losses at affiliated companies and increased foreign currency translation gains, contributed to the rise in net income.

In terms of its financial position, total assets at the end of the fiscal year were 95.03792 billion won, up from the end of the previous fiscal year (91.88162 billion won). Total liabilities decreased to 20.24245 billion won from the end of the previous fiscal year (21.41136 billion won), while total equity was tallied at 74.76134 billion won.

This financial information is based on consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards (K-IFRS). The company noted that the figures are subject to change through the audit results and shareholder meeting approval process, as the information precedes the completion of the external auditor's audit.