Emro achieved the highest-ever sales and operating profit for the first quarter.

On the 15th, Emro announced that it recorded sales of 14.3 billion KRW and operating profit of 1.1 billion KRW for the first quarter of 2023. Sales increased significantly by 6.7% and operating profit by 78.2% compared to the same period last year.

Since the beginning of this year, Emro has secured representative companies from various industries as new clients. With existing clients, it has been conducting advanced and overseas subsidiary expansion projects, resulting in software license sales of 2.5 billion KRW for the first quarter, a 62.5% increase compared to the same period last year. Technology fees also rose by 7.3% year-on-year to 2.4 billion KRW.

Emro explained that as an AI software company, it is further strengthening its technological capabilities and product lineup. Recently, it became the first domestic company to register a patent in Japan using a machine learning model specialized in procurement supply chain management. It introduced new AI software such as ‘Smart Price Doctor,’ which predicts and analyzes the prices of key materials based on artificial intelligence (AI), and ‘Smart Dashboard (SMART dashboard),’ which integrates and analyzes vast amounts of corporate data to support efficient decision-making.

Meanwhile, Emro plans to actively enter overseas markets starting next year by jointly developing a SaaS-based integrated supply chain management platform with Samsung SDS and Onine Solutions.

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