MUSINSA 1quarterly record high · Gaon Cable 4trillion-won order win announced
MUSINSA, on a consolidated basis, 1quarterly revenue of 3,636hundred million won and operating profit of 190hundred million won, posting its highest-ever 1quarterly results. Gaon Cable reported consolidated revenue of 7,636hundred million won and operating profit of 278hundred million won, and announced that it had signed a supply contract with a U.S. big tech company worth 4trillion won.
Get free 가온전선 email updates.
Bullstory sends one daily email when new analysis or important company news is available.
MUSINSA 1disclosed its quarterly results. Both consolidated revenue and operating profit improved. The company said the results were its highest ever on a quarterly basis.
MUSINSA recorded consolidated revenue of 3,636hundred million won and operating profit of 190hundred million won. Revenue and operating profit increased from the same period a year earlier. The company disclosed that these figures represented its highest-ever 1quarterly results.
On a standalone basis, MUSINSA recorded revenue of 3,350hundred million won and operating profit of 275hundred million won. The company said standalone results also increased from the same period a year earlier. It explained that the expansion of its offline stores and growth in its global business drove the improvement in results.
Gaon Cable announced its quarterly results. On a consolidated basis, revenue was 7,636 hundred million won and operating profit was 278 hundred million won, the company said. It disclosed that these were the highest quarterly results in its history.
Gaon Cable announced that it had signed a mega supply contract with a US big tech company worth 4 trillion won. The company explained that demand for power grid investment was surging as AI data centers expanded. It said it expected to achieve record annual results this year.
Musinsa attributed its improved results to the expansion of its offline stores and growth in global sales. Gaon Cable presented its earnings outlook based on large orders and demand for AI infrastructure. Each company disclosed this information through its filings and announcements.