[Edaily Reporter Kim Hyung-il ] T-Robotics ( T-Robotics co., Ltd.(117730)) announced on the 11th that its operating profit for the third quarter of this year increased by 293% year-over-year, driven by a recovery in its core vacuum robot business.
T-Robotics co., Ltd. CI. (Photo courtesy of T-Robotics co., Ltd.)
T-Robotics co., Ltd.’s third-quarter standalone revenue reached 14.8 billion won, a 14% increase year-over-year. Operating profit stood at 2.6 billion won. Cumulative revenue for the first three quarters totaled 31.7 billion won, while the cumulative operating loss narrowed to 500 million won.
The improvement in performance was driven by the vacuum robot division, the company’s core business. Both revenue and profitability improved as shipments of vacuum robots to major global display customers increased. Building on its existing vacuum robot technology for displays, T-Robotics co., Ltd. is also seeking business opportunities in the market for robots used in next-generation processes, such as semiconductor glass substrates.
The expansion of orders for its North American energy storage system (ESS) automation business is also cited as a growth driver. T-Robotics co., Ltd. has secured consecutive orders for ESS production process automation equipment from Ford Energy in the U.S., bringing its cumulative order value to approximately 23 billion won. T-Robotics co., Ltd. expects the volume of automation equipment orders to be reflected in revenue in stages.
The company is also advancing technology development in the field of industrial humanoids, a future growth area. T-Robotics co., Ltd. was selected as the lead institution for a government-funded humanoid robot Artificial Intelligence Transformation (AX) technology development project worth approximately 4.5 billion won. In collaboration with the Korea Advanced Institute of Science and Technology (KAIST), the company is developing physical AI-based manufacturing automation technology. The plan is to enter the next-generation manufacturing automation market by integrating its existing industrial robot business with humanoid technology.
T-Robotics co., Ltd. plans to continue its trend of improved performance in the fourth quarter, driven by the recovery of its vacuum robot business and sales from ESS automation equipment in North America. Through this, the company aims to return to profitability on a standalone basis for the full year and lay the groundwork for the commercialization of industrial humanoids.
A T-Robotics co., Ltd. official stated, “Revenue and profitability improved significantly in the third quarter due to increased shipments of vacuum robots, and we are continuing to secure orders in the North American ESS automation business.” The official added, “We will maintain this trend of improved performance in the fourth quarter to achieve an annual return to profitability while laying the groundwork for sustained growth through the commercialization of industrial humanoids.”
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