KNS Surpasses 46 Billion Won in New Orders This Year... "Second-Half Performance Growth Expected"

KNS, a specialist in advanced industry unmanned automation, announced on June 16 that its new orders this year have exceeded 46 billion won. This surpasses last year’s consolidated revenue of 40 billion won.

The KNS headquarters signed an automation equipment supply contract worth 18.7 billion won this year. Its subsidiary, Eunsung FA, secured contracts worth 13.2 billion won, while the Vietnam branch won contracts worth 14.1 billion won. As a result, the group’s total accumulated new orders amount to 46 billion won. The company expects that most of these secured orders will be reflected in this year's revenue, providing a foundation for performance growth in the second half of the year.

The company is seeing increased orders across all business divisions, driven by the expansion of the 46-pie (4680) cylindrical battery market and rising demand for advanced manufacturing automation, including physical AI. The 46-pie cylindrical battery is being applied to a wider range of sectors, such as electric vehicles, energy storage systems (ESS), and next-generation mobility industries, leading to expanded investments in related production facilities.

KNS is currently supplying automation equipment required for the production of 46-pie cylindrical batteries, while its affiliate Jongrui Korea supplies key components. Its subsidiary Eunsung FA is also expanding new orders in the semiconductor and automotive printed circuit board (PCB) and flexible printed circuit board (FPCB) terminal inserter sectors. Eunsung FA has succeeded in localizing related equipment and has recently secured a series of new projects from customers in the automotive and advanced manufacturing fields. The Vietnam branch is serving as a Southeast Asian production base that responds to the increasing smart factory and unmanned facility investments by global manufacturing companies.

Bongjin Jung, CEO of KNS, stated, “The new orders secured this year have already surpassed last year’s consolidated revenue, demonstrating the simultaneous strengthening of our headquarters and subsidiaries’ competitiveness. We will continue to build a foundation for sustainable growth through stable revenue conversion of secured orders and further expansion of new contracts.”

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