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Q1 Revenue Hits KRW 54.8 Billion, Up 5.8% YoY
2026.05.14
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Our consolidated revenue for the first quarter of this year reached KRW 54.8 billion, representing a 5.8% increase compared to the same period last year (KRW 51.9 billion). During the same period, net income stood at KRW 3.0 billion, achieving a double-digit growth rate of 16.3% year-over-year (from KRW 2.6 billion), demonstrating a simultaneous improvement in both top-line expansion and profitability. However, operating profit came in at KRW 3.1 billion, reflecting a temporary decline driven by rising cost of goods sold (COGS) and increased R&D investments aimed at securing the company's mid-to-long-term growth engines. We are currently conducting the qualification process for our newly constructed manufacturing facility, with the goal of bringing the injectable production lines fully operational by early next year. This expansion in production capacity is expected to accelerate our top-line growth. In response to this upcoming capacity boost, we are actively strengthening our sales organization and plan to focus all efforts on converting the increased production volume and new product pipeline into revenue starting in 2027. |


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