S&D Co (260970) Q1 2025 earnings summary

Executive summary

• Specializes in functional food ingredients and health supplements, with diversification into natural materials for cosmetics and household goods.

• Achieved certifications such as ISO22000, ISO14001, and HACCP, and completed a dedicated health food material plant.

• No subsidiaries or affiliates; listed on KOSDAQ since 2021.

Financial highlights

• Q1 2025 revenue: KRW 35.7 billion, down from KRW 116.1 billion in FY2024.

• Q1 2025 net income: KRW 4.39 billion, compared to KRW 17.03 billion in FY2024.

• Q1 2025 operating income: KRW 5.38 billion.

• Basic EPS for Q1 2025: KRW 1,518 (Q1 2024: KRW 698).

• Gross margin for Q1 2025: 21.4%.

Outlook and guidance

• Expanding into new business areas for future growth, but no immediate plans for new business launches.

• Ongoing investment in production capacity, with a new facility under construction expected to enhance efficiency.