Douzone Bizon Achieves Success with AX Strategy, Q3 Operating Profit Soars 73% to 34.8 Billion KRW
Third Quarter Sales Reach 114.7 Billion KRW, Up 18.2%
AI Agent Gains Market Traction... Accelerating Global Expansion
Douzone Bizon announced on November 10 that, according to its consolidated financial statements for the third quarter of this year, it recorded sales of 114.7 billion KRW and operating profit of 34.8 billion KRW. Compared to the same period last year, sales increased by 18.2% and operating profit surged by 73.4%. By overcoming the traditional off-season and delivering results that exceeded market expectations, the company achieved an operating margin of 30.4%.
This performance is the result of accelerating the transition to Amaranth 10 Cloud and focusing on an AI Transformation (AX)-centered management strategy, which has firmly supported overall business growth and established a stable revenue structure.
Douzone Bizon's enterprise AI agent, 'ONE AI', has been adopted by more than 5,800 companies within just over a year since its launch, establishing itself in the market. Furthermore, by launching Private AI, the company has proven the safety and reliability of its AI business, securing a solid foundation for growth by expanding into closed network environments such as the public and financial sectors.
Recurring revenue has increased through the transition of client companies to AI and cloud-based work environments. As the proportion of new customers and cloud-based products continues to rise across the product lineup, expectations for fourth-quarter performance are growing ahead of the peak season.
Douzone Bizon plans to actively respond to the growing demand for AI transformation across all industries for the remainder of this year, continuing its growth momentum. In particular, the company is focusing on healthcare innovation and the Jeju Bank digital banking business. It also plans to accelerate overseas expansion by leveraging domestic success stories and collaborating with global big tech companies and its local subsidiary in Japan.
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A representative from Douzone Bizon stated, "This quarter's results demonstrate a new growth momentum that combines technological competitiveness and business platform capabilities under our AX-centered corporate identity," adding, "As a leading AX company, we will continue to strengthen our capabilities and maintain steady growth going forward."
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