DB HiTek Reports Q1 Operating Profit of 52.5 Billion KRW, Up 27.8% Year-on-Year

DB HiTek announced on April 28 that its consolidated operating profit for the first quarter of this year was provisionally tallied at 52.5 billion KRW. This represents an increase of 27.8% compared to the same period last year. Revenue came in at 297.4 billion KRW, up 13.7% year-on-year.

Exterior view of DB HiTek Bucheon Campus. DB HiTek

DB HiTek explained that its performance improved due to a surge in demand for power semiconductors. This was driven by pre-orders in anticipation of U.S. tariffs, increased domestic production in China, and revitalization of domestic demand. By application sector, sales in automotive and medical devices increased.

A DB HiTek official stated, "The utilization rate rose to the 90% range in the first quarter, and we expect this trend to continue in the second quarter. We will continue to differentiate and advance our technology, focusing on core products such as power semiconductors, while also steadily preparing for new businesses to further strengthen our business competitiveness."

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