Young Poong (000670) Q3 2025 earnings summary

Executive summary

• The group operates in smelting (zinc, sulfuric acid), PCB, semiconductor packaging, and related sectors, with a diversified portfolio of domestic and overseas subsidiaries.

• Zinc prices rose 1.6% year-over-year in Q3 2025, while the group maintained a 25% domestic zinc market share.

• Major investments in environmental upgrades and compliance, including a zero-liquid-discharge system and significant remediation provisions.

Financial highlights

• Consolidated revenue for the nine months ended September 30, 2025: KRW 1,921.3 billion, down from KRW 2,787.4 billion year-over-year.

• Operating loss: KRW -159.2 billion (vs. -160.7 billion prior year).

• Net profit: KRW 136.2 billion (vs. net loss of KRW -327.8 billion prior year).

• Basic EPS: KRW 6,998 (vs. KRW -146,582 prior year).

• Cash and cash equivalents: KRW 139.2 billion (down from KRW 210.8 billion at prior year-end).

Outlook and guidance

• The group expects continued volatility in zinc and PCB markets, with global zinc supply projected to outpace demand due to increased Chinese smelter output.

• Ongoing investments in environmental compliance and R&D are expected to support long-term competitiveness.