[Edaily Reporter Kwon Oh Seok ] Video security specialist TRUEN Co., Ltd(417790)posted double-digit revenue growth in the second quarter, driven by a surge in sales of its high-end product line and strong overseas exports. TRUEN Co., Ltd announced on the 13th that its consolidated revenue for the second quarter of this year totaled 16.67 billion won, a 13.9% increase from the same period last year.

Operating profit for the same period stood at 4.45 billion won. Despite ongoing pressures from uncertainties such as rising domestic and international costs, the company achieved a high operating profit margin (OPM) of approximately 25% through enhanced product competitiveness, efficient cost management, and operational streamlining.
Performance in overseas markets played a decisive role in this earnings growth. Total export revenue for the second quarter rose 176.5% year-over-year, while overseas sales of its flagship IP cameras surged 270.5%, posting triple-digit growth. The company is credited with shifting away from its previous domestic-focused revenue structure to secure a new growth foundation centered on global markets such as the U.S., Europe, and Japan.
The expansion of high-end on-device AI camera and software offerings also drove the results. TRUEN Co., Ltd boasts a premium product lineup, including the “TA Series” and “TX-8 Series,” equipped with high-performance AI capabilities. Since these cameras can perform AI video analysis independently without requiring a separate high-performance GPU server, demand has surged, particularly in the U.S., Germany, and other major European countries, as well as India, where there is a push to replace Chinese-made video security products.
Increased demand for “TAEM (Truen AI Event Manager),” an integrated management and analysis software, also served as a positive factor. As it is being applied in various settings—including traditional crime prevention and traffic monitoring, as well as government agencies, local governments, the military, police, and private companies requiring AI-based unmanned surveillance—the revenue base combining hardware and software is trending toward further strengthening.
The company expects this growth momentum to continue in the second half of the year. In particular, in India—the world’s third-largest video security market—the company is currently undergoing the STQC certification process in collaboration with a local global partner; once certification is obtained in the second half of the year, full-scale local supply is expected to begin.
A TRUEN Co., Ltd official emphasized, “In the second quarter, growth in performance was driven by high-end products, software, and expansion into overseas markets,” adding, “Given the high demand in overseas markets to replace Chinese-made products, we will expand our global business base with a focus on high-value-added products to secure both revenue and profitability in the second half of the year.”