[Edaily Reporter Kim Hyung-il ] HK CO., LTD.(044780), a company specializing in laser processing equipment, announced on the 11th that it successfully returned to profitability on a consolidated basis in the third quarter of this year, driven by expanded sales in overseas markets, including the United States.

HK CO., LTD.’s consolidated revenue for the third quarter reached 17.5 billion won, an increase of approximately 56% compared to the same period last year. Operating profit turned positive, recording 340 million won. However, the company posted a net loss of 3.5 billion won. HK CO., LTD. explained that the net loss was influenced by foreign exchange losses resulting from sharp exchange rate fluctuations and a decrease in gains related to investment assets.

The improvement in performance resulted from stable domestic demand for laser processing equipment, coupled with increased product sales in overseas markets such as the United States. In particular, strong sales in the U.S. market contributed to revenue growth and an improvement in operating profit. Through September of this year, the cumulative revenue of the U.S. subsidiary reached 18.15 billion won, an increase of approximately 37% compared to the same period last year.

In the U.S., the trend of “reshoring”—where manufacturing facilities are relocated back to the country or local production is expanded—continues. Consequently, investment in local manufacturing facilities and demand for equipment are on the rise. The laser processing machines that HK CO., LTD. primarily supplies are machine tools used to cut and process metal materials to produce various parts and equipment. They are utilized in the construction and operation of production facilities across diverse industries, including semiconductors, automobiles, shipbuilding, and energy.

HK CO., LTD. has expanded its business foundation in the North American market by establishing sales, technical support, and after-sales service (A/S) systems centered on its U.S. subsidiary. The company is strengthening its competitiveness based on its capabilities in supplying equipment and providing maintenance services to local customers, while also working to secure new demand resulting from increased manufacturing investment in the United States.

Going forward, the company plans to expand the supply of high-power, high-performance laser processing machines in the U.S. and other global markets. Its strategy is to broaden its business—currently centered on laser cutting machines—to include related product lines such as bending machines, welding machines, and deburring machines, thereby addressing equipment investment needs across various manufacturing industries.

HK CO., LTD. officials stated, “With domestic demand for equipment remaining stable and product sales in the U.S. market performing well, we achieved revenue growth and a return to operating profit in the third quarter,” adding, “The increase in equipment demand resulting from the expansion of reshoring in the U.S. manufacturing sector is also having a positive impact on our financial performance.”

The official continued, “We will strengthen our push into the North American market by leveraging the sales and service capabilities we have established through our U.S. subsidiary,” and added, “We will expand the supply of various product lines, including high-power laser processing machines, and increase our global market share.”