1. What Happened? Jusung Engineering’s Q2 Earnings Miss

Jusung Engineering reported Q2 2025 revenue of ₩78.8 billion, operating profit of ₩6.6 billion, and net income of ₩5 billion, significantly missing market expectations. This represents a sharp decline from the company’s strong performance in Q1.

2. Why Did This Happen? Analyzing the Earnings Decline

The primary drivers of this underperformance include a decline in semiconductor market demand, increased competition, rising raw material prices, and currency fluctuations. The impact of US interest rate hikes and uncertainty surrounding the Chinese economy appear to have negatively affected the overall semiconductor market.

3. What Should Investors Do? Investment Strategy

While downward pressure on the stock price is expected in the short term, the successful commercialization of Jusung Engineering’s 3rd generation ALD technology will be a key determinant of its long-term growth trajectory. Investors should carefully consider the company’s technological competitiveness, market dynamics, and macroeconomic indicators before making investment decisions.

4. Investor Action Plan

  • Continuously monitor Jusung Engineering’s technological competitiveness and market share.
  • Pay close attention to the overall semiconductor market and macroeconomic indicators.
  • Review any additional financial information and management’s future business strategies to inform investment decisions.