)
TES Co (095610) investor relations material
TES Co Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
The company specializes in manufacturing semiconductor equipment, with over 95% of revenue from this segment, and maintains a strong presence in both domestic (90%) and overseas (10%) markets.
For the first half of 2026, consolidated revenue was KRW 220.9 billion, operating profit KRW 48.2 billion, and net profit KRW 58.6 billion.
The company maintains a stable financial structure, with a debt-to-equity ratio of 21% and net cash position.
Financial highlights
Revenue for H1 2026: KRW 220.9 billion, down from KRW 351.1 billion in FY2025, but up from KRW 240.1 billion in FY2024.
Operating profit for H1 2026: KRW 48.2 billion; net profit: KRW 58.6 billion.
Basic EPS for H1 2026: KRW 3,265; diluted EPS: KRW 3,165.
Cash and cash equivalents at period end: KRW 65.9 billion, up from KRW 12.1 billion at end-2025.
R&D expenses for H1 2026: KRW 24.7 billion, 11.2% of sales.
Outlook and guidance
The company continues to invest in R&D and expects ongoing demand for semiconductor equipment driven by AI, big data, and automotive sectors.
Management emphasizes balanced shareholder returns and ongoing dividend policy, with a 13-year consecutive dividend record.
- Revenue up 63% YoY, strong profit recovery, but high customer concentration risk.095610
Q4 2024 - H1 2024 net profit reached 19.8 billion KRW on 102.7 billion KRW revenue, with strong liquidity and stable dividends.095610
Q2 2024 - Q3 2024 revenue and profit surged, supported by strong margins and low leverage.095610
Q3 2024 - H1 2025 saw lower sales and profit but strong cash reserves and ongoing R&D investment.095610
Q2 2025 - Revenue up 46% YoY, net income up 33%, and dividend per share proposed at KRW 850.095610
Q4 2025 - Q1 2025 delivered solid profitability and cash flow, but sales remain highly concentrated.095610
Q1 2025 - Q3 revenue KRW 234.1B, net income KRW 46.9B, strong order backlog and solid financials.095610
Q3 2025 - Q1 2026 revenue and net income rose sharply, driven by semiconductor equipment demand.095610
Q1 2026
Next TES Co earnings date
Next TES Co earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage