LEENO Industrial (058470) Q2 2025 earnings summary

Executive summary

• Specializes in manufacturing and selling semiconductor test probes (LEENO PIN), IC test sockets, and medical device components, with a strong export focus and proprietary technology.

• No subsidiaries or affiliates; listed on KOSDAQ since 2001.

• Maintains high credit ratings (AA, CR-1) and practices zero-debt management.

Financial highlights

• H1 2025 revenue: KRW 190.9B (down from KRW 278.2B in FY2024).

• Operating income for H1 2025: KRW 88.4B; net income: KRW 70.5B.

• Gross margin for H1 2025: 65.9%.

• Cash and cash equivalents at June 2025: KRW 70.3B.

• Dividend payout ratio averages 40%; H1 2025 dividend: KRW 45.5B.

Outlook and guidance

• Plans to maintain a dividend payout ratio of ~30% of net income, subject to business performance.

• Ongoing investment in new factory (KRW 97.2B, completion by Nov 2026) to expand production and R&D.