According to the Financial Supervisory Service’s electronic disclosure system on the 13th, DIO Corporation announced that its consolidated revenue for the second quarter of this year reached 45 billion won. This represents a 12.1% increase compared to the same period last year. Cumulative revenue for the first half of the year totaled 86.3 billion won.
Profitability also continued to improve. Operating profit for the second quarter was 4.35 billion won, and cumulative operating profit for the first half of the year was 8.5 billion won. In particular, cumulative net income for the first half of the year reached 14.7 billion won, marking a significant return to profitability.
The improvement in performance was driven by both revenue growth and a reduction in selling, general, and administrative (SG&A) expenses. The ratio of SG&A expenses to revenue for the first half of the year was 55%, a 7% decrease compared to the previous year. In particular, bad debt provisions fell to about half the previous year’s level, leading to greater efficiency in operational management.
The company also maintained a stable cash collection trend. Second-quarter collections reached 50.4 billion won, setting a record high for any quarter. Cumulative collections for the first half totaled 92.8 billion won, exceeding the scale of revenue. Additionally, cash flow from operating activities in the second quarter was 12.8 billion won, an increase of approximately 10 billion won compared to the previous quarter.
Overseas operations expanded their growth momentum, centered on key strategic markets. In the seven key strategic markets—China, Mexico, Australia, India, Portugal, Türkiye, and Russia—second-quarter revenue reached 28.7 billion won, and cumulative revenue for the first half of the year totaled 54.5 billion won. These figures represent year-over-year growth of 23% and 21%, respectively.
By country, Türkiye posted the highest growth rate in the first half of the year at 51%. Portugal grew by 40%, India by 29%, and Australia by 25%, demonstrating balanced growth across all major strategic markets.
In addition, the U.S. recorded first-half revenue of 4.7 billion won, and is expected to reach annual revenue of 10 billion won. Revenue growth also continued at major overseas subsidiaries, including Japan (24%), Canada (33%), and Italy (29%).
Kim Jong-won, CEO of DIO Corporation, stated, “In the first half of the year, we further strengthened the fundamental resilience of our business through improved profitability, stable receivables management, and balanced growth across key strategic overseas markets.” He added, “We plan to continue this growth momentum in the second half of the year while further enhancing our business competitiveness in the global market.”
He added, “The UNICON SYSTEM, launched last year, is expanding its overseas rollout as it sequentially obtains certifications in global markets,” and noted, “We will continue to expand our global business and tailor our approach to each market to ensure it establishes itself as a flagship product.”
