Nanos "Record Monthly Performance Achieved... Turnaround Becomes Visible"

[Asia Economy Reporter Hyunseok Yoo] Nanos announced on the 4th that the possibility of a turnaround is increasing as it recorded the highest monthly performance ever in February, following January.

A Nanos official stated, "February sales amounted to 7.84 billion KRW, an increase of 340 million KRW compared to 7.4 billion KRW in January this year, marking the highest monthly performance in 38 months," adding, "It is expected to have a positive impact on the stock prices of affiliates such as Kwanglim and Ssangbangwool."

Nanos attributed this performance increase to the steady progress of its core business. A Nanos representative said, "The camera module-related parts sector, our main business, continues to show strong performance," and added, "Additionally, the cost reduction effect through investment in Vietnam is becoming visible, bringing us one step closer to achieving the highest performance ever this year."

Nanos has secured stable sales channels, with 90% of the optical filters for mobile phone cameras currently produced being installed in flagship models of major mobile phone manufacturers. In particular, with the recent increase in smartphones adopting triple and quad cameras, demand for the camera module parts business is expected to grow further this year, anticipating additional growth.

A company official stated, "Sales in the camera module sector are steadily increasing, and with the full-scale operation of the Vietnam production plant, if the current trend is maintained, we expect to achieve the highest annual performance ever this year."

This content was produced with the assistance of AI translation services.