[Public Notice+] Comtec System Achieves Record High Performance with 238.8 Billion KRW in Sales Last Year

[Asia Economy Reporter Hyunseok Yoo] Comtec System announced on the 10th that its sales reached 238.8 billion KRW last year, a 91% surge compared to the previous year. Operating profit and net income were 3 billion KRW and 1 billion KRW, respectively.

Sales from major financial clients such as KB Financial Group and Hyundai Group, as well as general enterprises, were reflected. The company explained that the significant growth compared to the previous year was driven by the expansion of large-scale data center construction projects and newly launched distribution business since last year. The decrease in net income compared to the previous year was due to non-cash evaluation losses.

Since being incorporated into the ITCEN Group, Comtec System has been focusing investments on new growth engines such as the cloud sector. In addition to qualitatively enhancing its existing network-centered business, the company is extensively reorganizing its business model to prioritize cloud. It has also secured competitiveness in the integrated maintenance market by utilizing its nationwide network.

The existing distribution business is also being reorganized to prioritize cloud-based solutions, and in the PaaS and SDDC areas, the company has secured technology and competitiveness that are completely differentiated from existing infrastructure providers. In particular, in the Cloud Integration field, to secure unparalleled competitiveness, Comtec System is accelerating the establishment of an ecosystem with consulting and solution providers.

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