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Solum (248070) investor relations material
Solum Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operates globally in electronic components and ICT, with 35 consolidated subsidiaries and a diversified product portfolio including power modules, 3IN1 boards, ESL, and IoT solutions.
2026 H1 revenue was KRW 970.1 billion, with operating income of KRW 43.5 billion and net income of KRW 10.1 billion, reflecting a year-over-year decline in profitability.
Major customer Samsung Electronics and affiliates accounted for 43% of H1 revenue.
Significant investments in R&D and global production capacity, with ongoing expansion in new markets and product lines.
Financial highlights
H1 2026 revenue: KRW 970.1 billion (down from KRW 1,700.2 billion in H1 2025).
Operating income: KRW 43.5 billion (down from KRW 46.5 billion in H1 2025).
Net income: KRW 10.1 billion (down from KRW 14.2 billion in H1 2025).
Gross margin: 18.6% in H1 2026 (down from 20.2% in H1 2025).
Basic EPS: KRW 195 (down from KRW 281 in H1 2025).
Cash and cash equivalents at period end: KRW 132.0 billion.
Outlook and guidance
Focus on expanding ESL and digital signage solutions, leveraging in-house test-bed for new retail technologies.
Continued investment in R&D and global production to support growth in high-value applications (AI, EV, data centers).
Management expects ongoing market volatility but aims for long-term growth through product mix optimization and global expansion.
- ICT-led growth lifted FY2023 operating profit 104.4% as ESL sales surged.248070
Q4 2023 - Q3 2024 revenue and profit declined sharply, but global expansion and new business lines continue.248070
Q3 2024 - H1 2024 revenue and profit fell, but new business investments and financial stability continue.248070
Q2 2024 - Q1 2025 saw KRW 397.4B revenue, KRW 11.5B operating income, and new business expansion.248070
Q1 2025 - Revenue and profit fell YoY, with new investments in healthcare and battery reuse.248070
Q3 2025 - Q1 2026 revenue and net income grew, led by ICT, but customer concentration and litigation risks remain.248070
Q1 2026 - Revenue up, profit down; major expansion, new preferred shares, and legal risks ongoing.248070
Q4 2025 - 2Q25 sales hit a record, ICT surged, but leverage rose and H1 profit declined; cosmetics deal closed.248070
Q2 2025 - 2024 profit fell 67% on lower sales, but SoluM accelerates global and new business expansion.248070
Q4 2024
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