LEENO Industrial (058470) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months of 2025 reached KRW 287.8 billion, up from KRW 278.2 billion year-over-year, with operating income at KRW 136.6 billion and net income at KRW 112.4 billion.

• The company maintains a strong export focus, with 80% of sales from overseas, primarily in semiconductor test sockets and probes.

• Major investment in new factory construction is underway to expand production and R&D capabilities, with KRW 39.6 billion already spent out of a planned KRW 97.2 billion.

Financial highlights

• Gross margin for the period was 52.3%, with operating margin at 47.5% and net margin at 39.1%.

• Cash and cash equivalents increased to KRW 90.7 billion from KRW 54.8 billion at the previous year-end.

• No borrowings; debt-to-equity ratio remains at 0%.

• Dividend payout ratio maintained at approximately 40%, with a cash dividend of KRW 3,000 per share.

Outlook and guidance

• The company expects continued growth in semiconductor and medical device markets, supported by global trends in AI, cloud, and healthcare.

• Plans to maintain a dividend payout ratio of around 30% of net income, subject to business performance.