SNT Holdings (036530) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue was KRW 1,458,850m and operating income KRW 173,663m, below KRW 1,544,722m and KRW 203,284m, respectively, a year earlier.

• 9M net income was KRW 91,618m, including KRW 36,916m attributable to owners of the parent; the prior-year figures were KRW 165,196m and KRW 98,082m.

• Vehicle components remained the largest segment by sales; industrial equipment revenue declined, while other businesses also reported lower revenue and operating income YoY.

Financial highlights

• Q3 revenue was KRW 454,589m versus KRW 516,913m YoY; operating income was KRW 45,070m versus KRW 65,891m.

• Q3 net income was KRW 12,712m versus KRW 64,016m YoY; Q3 profit attributable to owners of the parent was KRW 7,292m versus KRW 38,050m.

• 9M gross profit was KRW 268,241m versus KRW 308,573m YoY; finance costs were KRW 85,418m versus KRW 32,679m.

• 9M operating cash flow was KRW 48,229m versus KRW 120,023m; investing cash outflow was KRW 128,923m and financing cash inflow was KRW 76,177m.

• Consolidated assets were KRW 3,328,146m at Sep. 30, 2026, versus KRW 3,262,278m at Dec. 31, 2025; cash and cash equivalents were KRW 378,413m.

Outlook and guidance

• Industrial-equipment backlog was KRW 587,086m at quarter-end, including KRW 383,173m overseas and KRW 203,912m domestic; 9M construction revenue was KRW 324,071m.

• Planned SNT Dynamics investment is about KRW 20bn for overseas-market development, new products and facility maintenance; future spending is to flex with global conditions and business needs.

• Industrial-equipment demand prospects include Saudi power projects, LNG investment in North America from 2027, and power-generation needs tied to AI and data-center growth.

• Growth initiatives include expanding hybrid/EV motor and powertrain orders, defense exports and product offerings, and U.S. power-plant MRO services with potential expansion into HRSG production.