GNS ECO Reports First-Half Sales of 78.4 Billion Won and Operating Profit of 14.1 Billion Won

According to the consolidated results for the first half of this year, GNS ECO reported sales of 78.4 billion won, up 77% from the same period last year, and operating profit of 14.1 billion won, marking a 442% increase year-on-year.

On August 13, GNS ECO announced that its semiconductor business segment generated sales of 40.9 billion won, representing a 35.6% increase from 30.1 billion won in the same period last year. The company attributed this to both a higher market share among major semiconductor clients and an expansion in equipment supply volume due to accelerated new fab setups.

The solar segment recorded sales of 17 billion won, soaring more than thirteenfold compared to 1.3 billion won a year earlier. This surge is a result of large-scale facility investments accelerating in India’s solar market, which significantly boosted orders. India-related revenue in the first half jumped to 16.3 billion won, showing a sharp increase from the same period last year. The company expects this positive order momentum to be sustained through 2030.

In the first half, Korea accounted for 44% of total sales, China 31%, and India 21%, which reduced dependence on specific markets. While sales in Korea grew 59% year-on-year, the company maintained a stable market share in China by securing large orders from major local customers.

A GNS ECO representative stated, “The combined growth of our semiconductor and solar businesses continued to deliver clear performance improvement in the first half. We will focus our capabilities on the stable supply of secured orders to achieve meaningful performance growth this year, and aim for even greater top-line growth next year.”

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