SeA Mechanics announced preliminary Q2 2026 results with individual sales of 374.4 billion KRW, up 104.6% year-over-year, and operating profit of 20.4 billion KRW, turning from a loss last year.
Net profit reached 31.9 billion KRW, a significant improvement from a loss of 10.5 billion KRW in the same period last year, and first-half cumulative sales of 710.6 billion KRW and net profit of 54.0 billion KRW affirm the turnaround.
These figures are preliminary and subject to change after external audit. No capital changes or dividend disclosures are included in this filing.
[AI Summary]The preliminary results show strong growth and a profitable turnaround, providing a short-term positive catalyst for the stock, but the lack of capital deployment and preliminary nature limit sustained momentum.