[Public Notice+] Unisem Q1 Operating Profit 9.6 Billion KRW... Up 85.7% YoY

[Asia Economy Reporter Eunmo Koo] Unisem, a specialized company in semiconductor and display equipment, posted improved results in the first quarter of this year compared to the same period last year.

Unisem announced on the 14th that its consolidated financial statements for the first quarter of this year showed sales of 57.6 billion KRW and operating profit of 9.6 billion KRW, increasing by 35.8% and 85.7% respectively compared to the same period last year. Net profit also rose by 47.6% to 7.4 billion KRW.

A company official stated, "The performance improvement that began in the fourth quarter of last year continues this year," adding, "Major customers' domestic and overseas investments are ongoing, showing a steady performance trend." Samsung Electronics increased its semiconductor facility investment to 6 trillion KRW in the first quarter of this year, a significant rise compared to 3.6 trillion KRW in the first quarter of last year.

The Unisem official said, "Samsung Electronics, one of our major customers, is actively investing in its domestic Pyeongtaek and Chinese Xi'an factories, so equipment demand is expected to continue," and added, "Chinese display companies are also proceeding with their planned investments through the first half of this year without disruption, making future prospects positive."

Unisem specializes in scrubbers, equipment for treating harmful gases generated during semiconductor and display production processes, and chillers, temperature control equipment.

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