[Edaily Reporter Shin Ha-yeon ] NUIN TEK CO., LTD(012340)Newintec returned to profitability in the first half of the year, driven by increased sales of automotive capacitors and sputtering films, and is set to continue its trend of improved performance in the second half by expanding its applications into the power capacitor sector.

NUIN TEK CO., LTD., a company specializing in eco-friendly automotive capacitors and sputtered films, announced on the 11th that it is serving various power infrastructure sectors—including power facilities, factories, transformers, power transmission and distribution lines, and energy storage systems (ESS)—with a focus on low-voltage, high-voltage, and extra-high-voltage power factor correction capacitors.

Power capacitors are key power electronic components used to improve power quality and enhance power efficiency. NUIN TEK CO., LTD is participating in new projects and bidding processes, primarily through its existing client base, and is currently generating revenue from some of these projects. The company expects revenue from additional new projects to be reflected sequentially starting in the fourth quarter.

NUIN TEK CO., LTD returned to profitability on a consolidated basis in the first half of this year, driven by increased sales of automotive capacitors and sputtered films. On a standalone basis, sales of automotive capacitors rose by approximately 30% year-over-year, while sputtered film sales increased by about 11%.

The company plans to continue the growth momentum of automotive capacitors and sputtered films in the second half of the year, while diversifying its revenue base through additional sales of power capacitors. Based on this, the company aims to achieve consolidated revenue of 100 billion won by 2026.

In particular, the company plans to enhance the stability of its performance by expanding its application areas into power facilities and industrial power electronics, in addition to its automotive capacitor business, which is centered on electric and hybrid vehicles.

NUIN TEK CO., LTD. official stated, “The improvement in first-half performance reflects increased sales of automotive capacitors and sputtered films, as well as efforts to improve production efficiency,” adding, “In the second half, we will expand our application areas to power infrastructure and industrial power electronics to continue the trend of stabilizing performance and improving profitability.”