Techwing (089030) Q3 2025 earnings summary

Executive summary

• Specializes in semiconductor and display test equipment, supplying major global clients since 2002 and listed on KOSDAQ since 2011.

• Main products include Cube Prober, Probe Station, Memory/SOC Test Handler, and display evaluation systems.

• Expanded product portfolio to address AI, IoT, and automotive semiconductor trends.

Financial highlights

• 2025 Q3 consolidated revenue: KRW 125.2 billion, down from KRW 185.5 billion in 2024 Q3.

• Operating income: KRW 15.3 billion, down from KRW 23.4 billion year-over-year.

• Net income: KRW 13.4 billion, compared to a net loss of KRW 22.0 billion in 2024 Q3.

• Gross margin improved to 41.7% from 39.2% year-over-year.

• Basic EPS: KRW 564, compared to a loss of KRW 584 in the prior year.

Outlook and guidance

• Anticipates continued growth in HBM, AI, and automotive semiconductor testing markets.

• Ongoing R&D investment to strengthen competitiveness and expand into new business areas.