Ajinextek Achieves Record Quarterly Sales... "Expecting a Great Leap Forward This Year"

[Asia Economy Reporter Hyunseok Yoo] Ajinextek announced on the 13th that it recorded sales of 9.7 billion KRW, operating profit of 1.8 billion KRW, and net profit of 1.6 billion KRW in the first quarter. This represents increases of 101.3%, 361.1%, and 250.6%, respectively, compared to the same period last year. The sales figure accounts for approximately 42.6% of last year's total sales of 22.6 billion KRW. The company stated that this is the highest quarterly sales ever recorded.

An Ajinextek official said, “Thanks to facility investments related to the production of camera modules for Company A and capital expenditures by major semiconductor manufacturers such as Samsung Electronics and SK Hynix, we achieved double the sales compared to the same period last year. Operating profit grew even more significantly, and the operating profit margin reached 19%, demonstrating both quantitative and qualitative growth.”

He added, "We expect camera module-related sales to be maintained for the time being, and with the global semiconductor shortage, semiconductor-related facility investments are also expected to continue steadily throughout this year."

The official emphasized, “We are currently promoting joint development of robot controllers with domestic large corporations, and sales related to the preliminary stage of OEM production of robot parts have started from this first quarter and are expected to gradually expand. We anticipate that this year will be a year of great leap forward.”

Despite the COVID-19 situation last year, Ajinextek has been pursuing shareholder-friendly actions such as acquiring and retiring treasury shares, dividends, and bonus stock issuance.

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