[Public Notice＋] DYPNF Reports Q3 Operating Profit of 7.9 Billion KRW, Up 6% Year-on-Year

[Asia Economy Reporter Kum Boryeong] DYPNF announced on the 16th that its consolidated operating profit for the third quarter reached 7.90228 billion KRW, a 6% increase compared to the same period last year. During the same period, sales rose 48.9% to 45.3803 billion KRW.

A DYPNF official explained, "We recorded significant sales growth due to continuous supply contract achievements in our core business, the Pneumatic Conveying System (PCS) division," adding, "Despite various challenges such as order delays and supply instability caused by the COVID-19 pandemic, we are making company-wide efforts to maintain stable performance growth."

On a cumulative basis for the third quarter, sales amounted to 144.77292 billion KRW, marking a 26.2% increase compared to the same period last year. This figure represents 87% of last year's total sales.

Jo Jwajin, CEO of DYPNF, stated, "While focusing on achieving this year's order targets, we will do our best to improve performance in the fourth quarter as well."

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