MRO Reports Record-High First-Half Sales of 42.7 Billion KRW

First-Half Sales Surge 26.2% Year-on-Year

MRO, a supply chain management software company, announced on August 14 that its consolidated sales for the first half of this year reached 42.68 billion KRW, marking a 26.2% increase compared to the same period last year. This is the first time in the company's history that its cumulative first-half sales have surpassed 40 billion KRW.

During the same period, operating profit and net profit amounted to 1.12 billion KRW and 480 million KRW, respectively.

MRO CI.

Second-quarter sales stood at 22.05 billion KRW, up 14.9% year-on-year. The company also recorded its highest-ever quarterly performance in the second quarter.

The main drivers of sales growth included: the establishment of procurement systems and expansion to overseas subsidiaries, primarily among large corporate clients; increased adoption of artificial intelligence (AI) solutions; visible achievements in overseas expansion through the global SRM software-as-a-service (SaaS) solution 'Caidentia'; and stable revenue from technology fees and cloud service usage fees from existing customers.

Breaking down sales by segment, software license sales in the first half reached 3.73 billion KRW, a 13.1% increase year-on-year. Technology fees and cloud service usage fees were 7.54 billion KRW and 2.77 billion KRW, respectively. Compared to the same period last year, technology fees increased by 26.3%, while cloud service usage fees rose by 9.2%.

MRO plans to continue its growth in both domestic and international markets in the second half of the year by advancing its solutions with a focus on AI and cloud technologies. The company intends to upgrade and launch its existing solutions as SaaS offerings, equipped with various global standard procurement functions and procurement-specialized AI agents.

A representative from MRO stated, "We will continue to proactively identify the needs of our corporate clients and introduce innovative solutions, leading the global supply chain management software market."

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