Mirae Industries Reports Q1 Operating Profit of 4.9 Billion Won, Up 1,572% Year-on-Year

Mirae Industries achieved explosive growth by reaching nearly half of last year’s annual revenue in just the first quarter.

According to Mirae Industries on May 13, its consolidated revenue for the first quarter of this year amounted to 20.7 billion won, an increase of approximately 335.8% compared to the same period last year. Operating profit was 4.88 billion won, up 1,582% year-on-year. Net profit also reached 5.9 billion won, solidifying the company’s profitability. On a separate (standalone) basis, revenue was 20.5 billion won and operating profit was 5.1 billion won. The standalone operating margin reached approximately 24.8%, demonstrating the strong profit-generating capability of its core semiconductor equipment business, while standalone net profit came to 6.1 billion won.

Since being acquired by Roa Holdings Company Group, Mirae Industries has achieved visible results. According to a Roa Holdings Group representative, on a consolidated basis, Mirae Industries’ revenue soared from 21.7 billion won and operating loss in the acquisition year of 2023 to 50.7 billion won last year, nearly doubling. Over the same period, operating profit reached 9.1 billion won, signaling a turnaround in performance. On a separate basis, results also improved significantly — from 20.3 billion won in revenue and operating loss in 2023 to 48.8 billion won in revenue and 9.0 billion won in operating profit last year.

A representative from Roa Holdings Company Group stated, “Having already achieved half of last year’s revenue in the first quarter alone, this year is set to be a milestone in Mirae Industries’ history, with record-breaking results. Based on recent large-scale supply contracts with major semiconductor companies and strengthened partnerships with high-quality clients, we will accelerate efforts to expand our global market share.”

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