[Announcement＋] Dawonsys Achieves 'Record High' Cumulative Performance in First Half of the Year

[Asia Economy Reporter Geum Bo-ryeong] Dawonsys has achieved its highest-ever performance on a consolidated basis for the first half of the year.

Dawonsys announced on the 14th that its cumulative consolidated sales for the first half reached 128.6 billion KRW, operating profit was 12.1 billion KRW, and net profit was 11.4 billion KRW. These figures represent increases of 70% in sales, 161% in operating profit, and 124% in net profit compared to the same period last year.

A Dawonsys official stated, "This year, we have additionally secured orders worth approximately 250 billion KRW in the electric vehicle business. Despite challenging domestic and international conditions, growth continues based on a stable order backlog of 1.08 trillion KRW as of the end of the half-year. With the completion of the Jeongeup production base, we have secured growth momentum more than twice the previous scale, and sales growth is expected to accelerate further."