Kencoa Aerospace (A274090) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was ₩16.88 billion, down from ₩20.45 billion in Q1 2024, reflecting a contraction in sales across key segments.

• Operating profit for Q1 2025 was ₩105.7 million, a turnaround from an operating loss of ₩1.2 billion in Q1 2024.

• Net loss for Q1 2025 was ₩381.8 million, a significant improvement from a net loss of ₩1.91 billion in Q1 2024.

• The company continues to focus on aerospace MRO, aircraft parts manufacturing, and advanced materials, with a global client base.

Financial highlights

• Q1 2025 revenue: ₩16.88 billion (down 17.5% year-over-year).

• Q1 2025 operating profit: ₩105.7 million (vs. operating loss of ₩1.2 billion in Q1 2024).

• Q1 2025 net loss: ₩381.8 million (vs. net loss of ₩1.91 billion in Q1 2024).

• Q1 2025 EPS: -₩29 (vs. -₩148 in Q1 2024).

• Cash and cash equivalents at Q1 2025 end: ₩18.36 billion.

Outlook and guidance

• Ongoing expansion of production facilities in Korea and the US to meet increasing order volumes.

• Focus on strengthening global supply chain position and diversifying customer portfolio to mitigate risk.

• Continued investment in R&D for advanced manufacturing and aerospace technologies.