Business · Companies · 3 hrs ago
Poongsan's third-quarter operating profit rises 156%
Poongsan reported a sharp rise in third-quarter operating profit, reaching 108.8 billion won.
The company is listed on South Korea's KOSPI market.
Its operating profit was up 155.6% from the same period last year.
Revenue rose 39.5% to 1.6384 trillion won, while net profit increased 92.4% to 62.7 billion won.
Operating profit beat the market forecast by 14.6%, based on an average estimate of 95 billion won.
The results are preliminary figures disclosed by the company; no further next steps were stated.
Poongsan reported third-quarter operating profit of 108.8 billion won, up 155.6% from a year earlier.
The operating profit was 14.6% above the market forecast of 95 billion won.
Revenue rose 39.5% to 1.6384 trillion won.
Net profit increased 92.4% to 62.7 billion won.
The company disclosed the preliminary results on November 3.
- Who
- Poongsan, a company listed on South Korea’s KOSPI.
- What
- It reported third-quarter operating profit of 108.8 billion won, up 155.6% from a year earlier.
- When
- The results were disclosed on November 3, 2026, for the third quarter.
- Where
- South Korea.
- Why
- Not stated
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- Operating profit
- 108.8 billion won
- Year-on-year operating profit growth
- 155.6%
- Market forecast
- 95 billion won
- Revenue
- 1.6384 trillion won
- Net profit
- 62.7 billion won
- Disclosure date
- November 3, 2026