[Edaily Reporter Kim Hyung-il ] Daesung Fine Tech. Co., Ltd(104040), a next-generation leisure platform company, announced on the 19th that it expects to exceed 60 billion won in annual revenue this year, driven by growth in its existing businesses in the first half and revenue from new businesses in the second half.

DSM Corporation’s revenue for the first half of this year was 28.96 billion won, which represents approximately 55% of the annual revenue forecast of 52.4 billion won presented by Leading Investment Securities earlier this year. Last year’s combined annual revenue across all business divisions was 48 billion won.

DSM Corporation is targeting annual revenue of over 60 billion won this year, as growth in its existing businesses in the first half exceeded initial expectations and new revenue streams are expected to be added in the second half.

The Monolith Division, which oversees the leisure business, is expecting to benefit from the peak season effect in the second half of the year. Demand from group tourists—including those visiting during the summer peak season and on school field trips—is expected to boost revenue at 9.81 Park, which is operated in Jeju. DSM Corporation explained that, due to the nature of the Jeju tourism market, revenue in the second half is structurally more than 40% higher than in the first half.

The company is also pushing to expand its overseas operations. DSM Corporation is conducting a licensing business to supply the intellectual property (IP), technology, and facilities of 9.81 Park—which it operates in Jeju—to overseas markets. In particular, the company is preparing to enter the Chinese leisure and theme park market, and explained that additional revenue could be generated if the first supply contract is signed in the second half of the year.

In the mobility business, revenue from new automotive parts is expected. The company plans to begin mass-producing and supplying swivel seat components for HyundaiMotor’s premium electric vehicles starting in the fourth quarter. DSM Corporation anticipates that the addition of revenue from these new products to its existing automotive parts business will further contribute to second-half earnings.

A DSM Corporation official stated, “As the growth momentum of our existing businesses in the first half of the year has been faster than initially expected, expectations for annual performance are also rising,” adding, “We will continue our growth trajectory with the goal of achieving annual revenue of over 60 billion won this year through the peak season effect at 9.81 Park Jeju, the mass production and supply of swivel seats, and our licensing business in China.”