DB HiTek Co., Ltd. posts 90 billion won in Q3 operating profit, up 7% year on year

[Financial News] DB HiTek Co., Ltd. appears to have continued its earnings improvement this year's third quarter, buoyed by rising demand for power semiconductors. With robust demand for its flagship products keeping factory utilization effectively at 100%, higher average selling prices, supported by a larger share of high-value-added products, also bolstered results. 
DB HiTek Co., Ltd. said on the 12th that it had provisionally tallied revenue of 403.4 billion won and operating profit of 90 billion won for the third quarter of this year. Those figures represented year-on-year increases of 14% and 7%, respectively. The operating margin was 22%. 
Cumulative revenue through the third quarter of this year reached 1.1774 trillion won, while operating profit totaled 262.2 billion won, up 19% and 24%, respectively, from the same period a year earlier. 
The improvement in results was driven by continued solid demand for power semiconductors, the company's flagship products. With factory utilization effectively holding at 100%, the share of high-value-added products such as high-voltage power semiconductors (HV BCD) increased, lifting average selling prices. Rising demand in high-value-added application areas—including automotive and industrial semiconductors, AI data centers and robotics—is also believed to have contributed to the improved results. 
DB HiTek Co., Ltd. is strengthening its business competitiveness with a focus on HV BCD, third-generation SJ MOSFETs and specialized image sensors. In particular, it is expanding into high-growth areas such as AI data centers and electric vehicles while focusing on advancing its 8-inch foundry (semiconductor contract manufacturing) business. 
The company is also working to expand production capacity to meet growing foundry demand. DB HiTek Co., Ltd. recently completed a cleanroom at its Sangwoo Campus in Eumseong County, North Chungcheong Province. Through mid- to long-term investment, it plans to add production capacity of 40,000 wafers per month and expand its next-generation power semiconductor production line to a capacity of at least 100,000 wafers per month. 
A DB HiTek Co., Ltd. official said, "Taking a comprehensive view of future customer acquisition, the progress of technology development and our capacity to invest, we plan to expand production capacity in stages and further strengthen our medium- to long-term growth foundation." 
[email protected] Lim Su-bin Reporter