[Edaily Reporter Kim Hyung-il ] Samjin L&D ( SAMJIN LND COMPANY LIMITED(054090)) announced on the 13th that its cumulative operating profit for the first three quarters of this year increased more than 14-fold year-over-year, driven by sales growth and cost efficiency.

SAMJIN LND COMPANY LIMITED reported cumulative consolidated revenue of 119.15 billion won and operating profit of 2.95 billion won for the first three quarters of this year. Revenue increased by 16.3% year-over-year, while operating profit rose approximately 14.4-fold from 200 million won in the same period last year. The operating profit margin also rose from 0.2% to 2.5%.

Consolidated revenue for the third quarter was 42.88 billion won, a 17.6% increase compared to the same period last year. Operating profit totaled 910 million won. Revenue increased quarter-over-quarter from the first through the third quarters of this year, and the company maintained an operating profit for three consecutive quarters.

Along with the revenue growth, the cost and expense structure also improved. Cumulative consolidated gross profit for the first three quarters was 13.66 billion won, a 23% increase compared to the same period last year. The gross profit margin rose from 10.8% to 11.5%. During the same period, selling, general, and administrative expenses (SG&A) decreased from 10.9 billion won to 10.71 billion won. The SG&A ratio to revenue also fell from 10.6% to 9%.

Stand-alone results also continued to show growth. Cumulative revenue for the first three quarters totaled 82.28 billion won, a 10.7% increase compared to the same period last year, while operating profit rose 12.1% to 2.27 billion won. Third-quarter revenue reached 30.46 billion won, a 32.8% increase year-over-year, while operating profit stood at 710 million won. On a standalone basis, the company also recorded revenue growth and an operating profit for the third consecutive quarter.

While maintaining its revenue base in the existing office automation (OA) business, SAMJIN LND COMPANY LIMITED is expanding its supply of core components for energy storage systems (ESS) and uninterruptible power supplies (UPS). In particular, to meet the growing demand for uninterrupted power in artificial intelligence (AI) data centers and industrial facilities, the company is strengthening its competitive edge in supplying structural and power connection components—such as busbar assemblies and middle assemblies—used in UPS battery systems.

The company has also pursued production diversification and investments in automated assembly and inspection equipment to meet the needs of major customers’ new UPS models. Sales of new optional products for commercial production printing systems began in July.

SAMJIN LND COMPANY LIMITED official stated, “This year, while continuing to achieve revenue growth and operating profits on both consolidated and standalone bases, improvements in core business profitability—such as a reduced cost of goods sold ratio and lower SG&A expenses—are reflected in our financial results.” The official added, “Building on the profit-generating capabilities of our existing office automation (OA) business, we will strengthen our competitiveness in the core power infrastructure components business, including ESS and UPS, to establish a foundation for sustainable growth.”