Sungkwang Bend FY 2025 Annual Report
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Filed: March 19, 2026· period ending December 31, 2025DART

Sungkwang Bend annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 19, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Sungkwang Bend FY 2025 Annual Report Analysis

Business Overview

• 2025 fiscal year consolidated sales KRW 245.7B, up 7.9% YoY, with welded pipe fittings accounting for 98.68%
• New solar power generation business investment completed Aug 2024–Jun 2025, added as business purpose this year

Management Discussion & Analysis

• Revenue KRW 245.7B (+7.9% YoY), operating profit KRW 42.0B (-0.1%), net income KRW 34.4B (-16.0%)
• Middle East large-scale projects (Amiral, Jafra2, Fadhili) drove sales growth; US steel tariff 50% caused order decline and SG&A increase

Risk Factors

• USD 10% exchange rate move → ±KRW 5.40B pre-tax impact, EUR 10% move → ±KRW 0.20B, total ±KRW 5.59B pre-tax impact
• Foreign currency monetary assets USD KRW 54.8B, liabilities USD KRW 0.85B, EUR assets KRW 2.34B, liabilities EUR KRW 0.38B

Sungkwang Bend FY 2025 Key Financial Metrics
DART

Total Assets

KRW 590.3B

▲ +4.8% YoY

Operating Cash Flow

KRW 37.9B

▲ +32.9% YoY

CapEx

KRW 4.5B

▲ +51.9% YoY

Source: KIFRS consolidated financial data from Sungkwang Bend annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding