[E-Daily Reporter Kwon Oh Seok ] TPC Mechatronics Corporation(048770)returned to profitability in just one quarter, driven by an expansion in the supply of automation components for high-bandwidth memory (HBM) equipment. While a surge in semiconductor division revenue led the improvement in earnings, results from the humanoid robot components business are also expected to become visible starting in the fourth quarter.

In a quarterly report filed on the 9th, the company announced that for the third quarter of 2026, it recorded consolidated revenue of 26.6 billion won, operating profit of 1.69 billion won, and net income of 1.76 billion won. Revenue increased by 25.8% compared to the same period last year (21.1 billion won), while both operating profit and net income turned to the black after posting losses in the same period last year (operating loss of 780 million won, net loss of 1.09 billion won).
The key driver of this earnings turnaround was the supply of components for HBM equipment. Cumulative sales of automation components and equipment to major domestic HBM equipment manufacturers reached 3.9 billion won in the first three quarters of this year, surging to four times last year’s annual sales (970 million won). The company aims to secure annual orders exceeding 15 billion won from these customers alone by 2027, led by products such as linear motors and electric actuators.
Although the company experienced a temporary setback in the second quarter, posting an operating loss of 590 million won, operating profit improved by 2.29 billion won in just one quarter as the effects of product price increases and cost reductions took full effect in the third quarter. As a result, cumulative revenue for the first three quarters reached 75.4 billion won, a 22.6% increase year-over-year, and both cumulative operating profit (1.09 billion won) and net profit (390 million won) returned to the black.
The securities industry and the broader sector view TPC Robotics as successfully restructuring its business toward the robotics sector—a new venture—by leveraging the competitive advantages it has established in its existing factory automation (FA) businesses, such as pneumatic and motion control systems. The recent establishment of the AI Autonomous Manufacturing Research Institute and the company’s entry into the humanoid robot actuator market through partnerships with China’s HCFA and HCBOT are also cited as factors that could lead to a revaluation of the company’s corporate value in the future.
A TPC Robotics official emphasized, “Revenue from the semiconductor and secondary battery sectors drove overall growth, allowing us to fully recoup the cumulative losses from the first half of the year in the third quarter,” adding, “Starting in the fourth quarter, as revenue from robot actuators and modular products begins in earnest, we expect to dramatically improve our annual performance centered on two pillars: stable growth in our core business and our new robotics venture.”