Airrain Posts 3.4 Billion Won Operating Profit Last Year...Up 82% Year-on-Year
Airrain Co., Ltd. (CEO Ha Sungyong), the only company in Korea specializing in gas separation membrane solutions, announced on the 9th that its provisional figures for last year show sales of 28.1 billion won, operating profit of 3.4 billion won, and net profit of 3.1 billion won.
These figures represent increases of 15%, 82%, and 58%, respectively, compared with the previous year. With sales growth, profitability improved significantly, and the company is assessed to have continued a trend of strengthening its earnings power to a higher level.
The latest performance is attributed to the simultaneous growth of its core business and the expansion of revenue from new businesses, which led to an evolution of its revenue structure.
Airrain is currently building a stable profit base mainly through sales of gas separation membrane modules. At the same time, its new growth businesses such as biogas and CCUS (Carbon Capture, Utilization and Storage) are steadily generating sales and profits, making a meaningful contribution to its results. These new businesses are application areas that utilize its existing gas separation membrane technology, and as demonstration and delivery experience accumulates, they tend to lead to additional orders.
Continuous sales expansion has also led to improved profitability. As the sales proportion of separation membrane modules has increased, the business structure has improved and the resulting operating leverage effect has begun in earnest. In addition, the removal of one-off costs incurred in the previous year contributed to a sharp increase in operating profit. This improvement in profitability is serving as a financial foundation that supports business expansion.
Airrain plans to continue the stable growth of its core business in 2026, focusing on gas separation membrane technology.
At the same time, it will fully scale up its separation membrane application business, mainly in overseas markets. In particular, the company plans to expand its participation in projects in Europe and Southeast Asia, focusing on businesses such as biogas and CCUS where it has accumulated demonstration and delivery experience, and to actively seek growth opportunities based on global customers and partnerships.
Hot Picks Today
"Over 20 Times More Than Overseas": 104.5 Milli...
- "Only the Top 1% Winning Big in Stocks Smile... '300 Million Won Splurges' or '1...
- "Even Luxury Cars Drive Off Without Paying"... UK Sees Surge in Fuel Theft at Ga...
- "Is the Starting Salary Really 4 Million Won?"... Surprise as Navy Salary and Sa...
- [Breaking] Trump: "We Will Make a Great Deal with Iran"
Ha Sungyong, CEO of Airrain, said, "In 2025, while high growth in our core business continues, new businesses such as CCUS and biogas will enter a phase of generating tangible results," adding, "In 2026, we will expand demonstrations and references mainly in overseas markets and broaden the scope of application of gas separation membrane technology, which is essential across industrial processes."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.