[Edaily Reporter Kim Hyung-il ] FINETEK CO., LTD.(131760)announced on the 12th that it successfully returned to operating profit in the third quarter of this year, driven by an increase in orders for display equipment. The company also reported that revenue rose 68% year-over-year, continuing its growth momentum.

FINETEK CO., LTD.’s third-quarter consolidated revenue totaled 24.6 billion won, a 68.1% increase year-over-year. Operating profit reached 2.1 billion won, marking a return to profitability. Cumulative revenue for the first three quarters stood at 41.4 billion won, approaching last year’s full-year revenue of 46.3 billion won.

Stand-alone results also improved. Third-quarter revenue reached 23.6 billion won, a 71.9% increase year-over-year, and operating profit turned to a profit at 2.8 billion won. Cumulative revenue stood at 39.1 billion won, up 29.9% year-over-year.

This improvement in performance was driven by an increase in orders for display equipment. Over a four-month period starting in July, FINETEK CO., LTD. secured orders totaling approximately 35.2 billion won from Samsung Display. As these orders are now being fully reflected in revenue, FINETEK CO., LTD. expects this growth trend to continue into the fourth quarter.

Building on its existing display equipment business, the company has also set out to secure new growth engines. FINETEK CO., LTD. is expanding into the food tech sector by leveraging the precision control technology it has accumulated in the display field.

Its in-house developed automated cooking robot platform, “BOGLE-C,” is a system that automates the entire process—from order taking to automated cooking and operational management. The company is currently preparing to open its first brick-and-mortar store and plans to develop a variety of food tech robots in the future to help alleviate labor shortages in the restaurant industry and improve operational efficiency.

FINETEK CO., LTD. stated, “Building on the stable revenue structure of our display equipment business, we are accelerating the commercialization of new ventures to strengthen our foundation for mid- to long-term growth.” The official added, “We will strive to enhance corporate value and, in turn, increase shareholder value by boosting the competitiveness of each business segment while maintaining sound management and consistently delivering results.”