Sanil Electric (A062040) Q2 2025 earnings summary

Executive summary

• Achieved all-time high quarterly revenue of KRW 128.3 billion in Q2 2025, up 70.6% year-over-year and 29.9% sequentially.

• Operating profit reached a record KRW 46.3 billion, up 89.0% year-over-year and 23.5% quarter-over-quarter.

• Net income for Q2 2025 was KRW 37.9 billion, a 119.1% increase year-over-year.

Financial highlights

• Operating profit margin was 36.1% in Q2 2025, up 3.5 percentage points year-over-year but down 1.9 points sequentially.

• Gross profit for Q2 2025 was KRW 61.3 billion, up from KRW 46.8 billion in Q1 2025.

• Pre-tax income rose to KRW 48.2 billion, up 24.5% quarter-over-quarter and 119.1% year-over-year.

Outlook and guidance

• Over 80% of new orders in Q2 2025 originated from North America.

• New orders declined 45.4% sequentially due to tariff concerns, impacting order volume.