Snt Dynamics (003570) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose to KRW 519.8bn from KRW 488.4bn YoY, while operating income fell to KRW 44.5bn from KRW 67.2bn and net income to KRW 36.7bn from KRW 62.9bn.

• Q3 revenue was KRW 143.6bn versus KRW 151.7bn YoY; operating income was KRW 6.1bn versus KRW 19.9bn, and net income was KRW 3.3bn versus KRW 17.2bn.

Financial highlights

• 9M gross profit was KRW 69.6bn versus KRW 90.9bn YoY; selling, general and administrative expenses were KRW 25.0bn versus KRW 23.7bn.

• 9M pretax income was KRW 48.2bn versus KRW 78.3bn YoY; income tax expense was KRW 11.5bn versus KRW 15.3bn.

• Consolidated assets were KRW 1,168.0bn at Sep. 30, 2026, down from KRW 1,228.6bn at Dec. 31, 2025; equity rose to KRW 919.5bn from KRW 866.8bn.

Outlook and guidance

• Planned investment of approximately KRW 20bn for overseas market development, new-product production equipment, and plant maintenance and upgrades; spending will be adjusted for global conditions and business circumstances.

• Development priorities include electrified and hybrid drive systems, next-generation weapons, 120mm self-propelled mortar systems, and other defense products.

• Vehicle-parts strategy targets stronger partnerships with existing global customers, including Daimler Truck, broader overseas marketing, and new global OEM relationships; machine-tool sales plans focus on specialized gear-processing products.