Jaeyoung Solutec "Operating Profit of 10.1 Billion KRW Last Year... Continuous Record High Performance"
Jaeyoung Solutek announced on the 27th that its operating profit and net profit on a consolidated basis last year increased by 106% and 330% respectively compared to the previous year, reaching 10.1 billion KRW and 4.2 billion KRW. Based on operating profit, the company recorded its highest-ever performance last year.
Last year's sales reached 111.4 billion KRW, a 4% increase compared to the previous year. Considering the exclusion of results due to the suspension of the mold business, the actual sales growth rate last year was approximately 29%.
This record-high performance was driven by the strong performance of the camera actuator business. In particular, the sales proportion of the high-value, high-spec actuator, the Optical Image Stabilization (OIS) device, increased significantly improving profitability. The suspension of the loss-making mold business division also contributed to the improvement of the profit structure.
A representative from Jaeyoung Solutek said, “As the demand for high-performance smartphone cameras increases, the demand for OIS actuators is rapidly growing,” adding, “We expect to continue strong performance growth this year due to the expansion of installed models and the increased sales proportion of high-spec actuators.”
Jaeyoung Solutek is a manufacturer of actuators such as autofocus (AF), OIS, and voice coil motor (VCM) actuators. The company also supplies its actuators to Samsung Electronics’ latest Galaxy S25 series models (S25, S25+, S25 Ultra).
Kim Seung-jae, CEO of Jaeyoung Solutek, has been continuously purchasing shares on the market due to his judgment of undervaluation. On the 24th, he purchased 275,112 shares, increasing his total holdings to 5,137,680 shares.
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Meanwhile, the company completed domestic patent registration on the 19th for the 'Z Stopper dipping camera module,' which improves the stability and performance of OIS. This is expected to enhance work efficiency and yield in the production process while simultaneously securing stable performance and cost competitiveness.
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