[Edaily Reporter Kwon Oh Seok ] On the 11th, independent research firm Value Finder assessed that DAEDONG CORPORATION(000490)achieved an earnings surprise by posting its highest-ever first-half revenue. The analysis notes that, following the expansion of its market share in North America and the full-scale launch of its European operations, the company’s transformation from an agricultural machinery manufacturer to a global AI (artificial intelligence) agricultural platform company is proceeding smoothly.

Founded in 1947 and listed on the KOSPI market in 1975, DAEDONG CORPORATION is South Korea’s leading agricultural machinery company. In the second quarter, the company posted revenue of 467.1 billion won (+23.7%) and operating profit of 41.2 billion won (+585%), with its operating profit margin improving by more than 7 percentage points from 1.6% to 8.8%.
Cumulative operating profit for the first half of the year (approximately 47.3 billion won) has already surpassed the full-year operating profit for 2025 (31.2 billion won), with strong performance from its U.S. subsidiary and the effect of tariff refunds driving the improvement in earnings.
The company ranks third (10% market share) in the North American small- and medium-sized tractor market with its own brand, “KIOTI,” and its export sales reached 1.1407 trillion won in 2025, with the export share rising to 76.8%. In Europe as well, the company is focusing on expanding its market share by leveraging its full lineup of medium- and large-sized tractors through a network of 551 dealers across 26 countries.
The company is targeting the agricultural operations market, valued at 8 to 12 trillion won, by integrating AI field robots, precision agriculture, and smart farming into a single platform. Its subsidiary, DAEDONG CORPORATION, signed an MOU with GS Engineering & Construction Corp for construction site automation and secured 5 billion won in Series A funding. Additionally, a consortium led by DAEDONG CORPORATION was selected as the lead entity for the “National Agricultural AX Platform Construction and Operation Project,” accelerating the commercialization of new businesses.
Based on this strategy, the company has set targets of 3.59 trillion won in consolidated revenue by 2030 (a CAGR of +19.3% compared to 2025) and a ROE of 20%. With the new business division aiming for an average annual growth rate of 39.4%, the expansion of this segment’s share is expected to drive future growth.
Lee Chung-heon, CEO of Value Finder, explained, “DAEDONG CORPORATION is steadily increasing its overseas market share by expanding the strategy that secured its third-place market share in North America to Europe as well.” He added, “As the AI agricultural platform business—which integrates precision agriculture, robotics, and smart farming—is expanding into national-level projects, we expect not only a transformation from an agricultural machinery manufacturer to an AI agricultural platform company but also growth in earnings and a revaluation of the company’s market value.”