PS Electronics Posts 13.1 Billion Won Q3 Operating Profit on AI Server Growth, Highest in Five Quarters

PS Electronics said in a regulatory filing on Nov. 9 that it recorded consolidated revenue of 99.7 billion won and operating profit of 13.1 billion won in the third quarter of this year. Its operating profit was the highest in the past five quarters.

For the first three quarters of this year, revenue totaled 209.8 billion won and operating profit reached 17.3 billion won.

The company cited growth in its high-performance server business as the reason for the improved results. It said a sharp increase in demand for servers, including artificial intelligence (AI) servers, had driven the business’s performance. The company is expanding its collaboration with several major global server manufacturers in addition to its existing partners.

The company is also pursuing additional orders. It expects to create synergies with its existing semiconductor design and assembly, packaging, automation, and automotive electronics businesses. It plans to strengthen its competitiveness by expanding its business scope from sales, customization, installation, and management to include server assembly.

A company representative said, “We will consider various measures to enhance shareholder value while increasing corporate value.”

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