[Edaily Reporter Kwon Oh Seok ] DYC(310870), a global precision components specialist, announced in a regulatory filing on the 4th that its consolidated revenue for the first half of this year reached 69.7 billion won, a 34.5% increase compared to the same period last year. This first-half revenue marks the highest level in the company’s history. During the same period, operating profit rose 115.3% to 6.3 billion won, and net income increased 192.1% to 5.7 billion won.

The sharp rise in earnings is attributed to expanded sales of powertrain components for conventional and eco-friendly vehicles—the company’s core business—as well as the inclusion of consolidated results from its newly acquired defense subsidiary, “DYC Dynamics.”
In the core business segment, the supply volume of products to Stellantis increased significantly. In addition, full-scale mass production of 10 types of shafts for BMW vehicles began in March, contributing new revenue. Shafts are core components that transmit rotational force within a vehicle’s powertrain—such as from the motor and engine—and demand for them tends to expand alongside increases in finished vehicle production.
The defense subsidiary, DYC Dynamics, contributed to consolidated revenue growth by recording 5 billion won in sales during the first half of this year. Revenue is also being generated from the solar power business segment, making the results of the company’s business portfolio diversification increasingly visible.
DYC expects this trend of setting new all-time high performance records to continue in the second half of the year. The company is currently in discussions with numerous global automakers regarding the supply of new parts, while simultaneously pursuing orders to expand the range of vehicles where its products are used by existing customers and to enter new vehicle models.
In the defense sector, the company is pursuing various projects with the goal of generating new results within the year in response to growing global demand for guided weapons. The company explains that revenue and profit will continue to expand as the growth of its defense subsidiary’s performance is combined with the expansion of automotive parts supply.
A DYC official stated, “We maintained significant growth in our core business through the first half of the year as we expanded our presence in the supply chains of global automakers and saw increased demand for our existing products.” The official added, “Given that the eco-friendly vehicle market has recently re-entered a phase of strong growth, we are continuing our efforts to secure orders in this sector and expect this growth trend to continue into the second half of the year.”