FSN Achieves Record Third-Quarter Cumulative Operating Profit of 26.3 Billion Won

FSN announced on November 14 that its consolidated cumulative revenue for the third quarter of this year reached 205.1 billion won, with operating profit at 26.3 billion won. Compared to the same period last year, revenue increased by 67% and operating profit by 360%. Both revenue and operating profit marked the highest figures for the same period since the company's founding.

In the third quarter alone, FSN recorded revenue of 73.3 billion won and operating profit of 9.1 billion won, maintaining its growth momentum. Net profit for the period also surged by approximately 20 billion won year-on-year to 15.6 billion won. Net profit attributable to controlling shareholders reached 2.8 billion won, successfully turning a profit.

FSN achieved substantial improvement in its performance, driven by explosive growth in its core business. Despite these record-breaking results, the company plans to focus on increasing its undervalued corporate value and enhancing shareholder returns.

All business divisions achieved profitability. The brand business division, FSN’s core segment, was the main driver of this performance growth.

Boosters, the subsidiary leading the brand business, posted cumulative revenue of 151 billion won and operating profit of 28.5 billion won in the third quarter, representing year-on-year growth of 137% and 274%, respectively.

As a result, Boosters is expected to achieve its highest annual performance ever in 2025. On this basis, it is regarded as a key engine for improving FSN’s consolidated performance and increasing its corporate value.

The marketing and platform business divisions also delivered stable results, supporting FSN’s growth trajectory. Despite a downturn in the advertising industry, FSN’s advertising subsidiaries, including Adqua Interactive, achieved cumulative profitability in the third quarter. The platform business further established itself as a new growth engine by increasing its contribution to operating profit.

FSN plans to enhance its corporate value by accelerating the advancement of its core businesses and global expansion, leveraging its strong growth momentum.

The company also intends to intensify efforts to improve operational efficiency. FSN has consistently pursued business integration, and by separating overseas subsidiaries from consolidation, it succeeded in streamlining its structure by integrating what was once 46 subsidiaries into core functional units.

Seo Jeonggyo, CEO of FSN, stated, "The explosive growth of the brand business, combined with the stable synergy of the marketing and platform divisions, is driving the strongest growth in the company's history. We will maximize our undervalued corporate value through solid performance and sustainable growth engines."

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