CJ (001040) Q3 2025 earnings summary

Executive summary

• Sales rose 5.4% year-over-year to 11.4tn KRW in 3Q25, with net income turning positive at 302.2bn KRW, reversing a loss from the prior year.

• For the nine months ended September 30, 2025, consolidated revenue was ₩33.15 trillion, operating income was ₩1.82 trillion, and net income attributable to owners of the parent was ₩377.1 billion.

• The group operates across Food & Food Service, Biotechnology, Logistics & New Distribution, and Entertainment & Media, with global operations in Asia, the Americas, and Europe.

• Olive Young achieved record quarterly results with balanced online and offline growth; logistics revenue increased on parcel volume and new contracts.

Financial highlights

• Gross profit increased 3.6% year-over-year to 3,284.9bn KRW; gross margin slightly decreased to 28.7%.

• Operating profit margin declined to 5.8% from 6.2% year-over-year.

• Net income attributable to owners turned positive at 143.6bn KRW from a loss of 169.0bn KRW year-over-year.

• Total assets as of September 30, 2025, were ₩48.13 trillion, with total liabilities of ₩30.66 trillion and total equity of ₩17.47 trillion.

• Basic and diluted EPS for the period were ₩11,243.

Outlook and guidance

• The group plans to accelerate global expansion in K-Food and plant-based products, invest in logistics automation, and strengthen digital and AI-driven content production.

• Shareholder return policy targets maintaining or increasing DPS annually, with a payout ratio of 70% or more of separate FS-based net profit (excluding one-off profit) for FY2023–2025.

• Continued focus on R&D and innovation in food, biotechnology, and logistics technology is expected to drive future growth.