Huneed Technologies Co., Ltd.KRX: 005870

Revenue up, profit down; strong balance sheet, major contracts, no debt or dividends

· Issued by Huneed Technologies Co., Ltd.

FY2024 revenue rose 0.9% to KRW 230.8B, but operating income fell 47.4% due to higher R&D and SG&A costs. The company maintained a strong equity ratio, secured major defense and aerospace contracts, and has no outstanding debt or dividend payout.

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