LEENO Industrial (058470) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue was ₩325.7bn, operating income ₩160.2bn and net income ₩128.9bn; all exceeded the prior-year 9M figures. Q3 revenue and net income were below prior-year Q3 levels.

• Semiconductor test products accounted for 91.2% of 9M sales; IC test sockets were the largest category at 67.8%.

Financial highlights

• 9M revenue ₩325.7bn vs ₩287.8bn prior-year 9M; operating income ₩160.2bn vs ₩136.6bn; net income ₩128.9bn vs ₩112.4bn.

• Q3 revenue was ₩82.7bn vs ₩96.8bn prior-year Q3; net income was ₩22.6bn vs ₩41.9bn.

• 9M EPS was ₩1,699 vs ₩1,481 prior-year; diluted EPS matched basic EPS as no dilutive potential ordinary shares were held.

• 9M operating cash flow was ₩142.4bn; investing cash outflow ₩53.0bn and financing cash outflow ₩60.8bn, including ₩60.7bn in dividends paid.

Outlook and guidance

• A new factory and equipment investment of ₩97.2bn is intended to expand production capacity and R&D; ₩90.8bn was spent by Sept. 30, with completion timing revised to Nov. 30, 2026.

• Semiconductor test demand is expected to benefit from AI, data centers and advanced devices; WSTS projected the global semiconductor market at US$1.51tn in 2026 and US$1.91tn in 2027.

• Dividend policy targets a payout around 30% of net income, subject to earnings and distributable profits; the recent 3-year average payout ratio was 40%.