1. What Happened? : Leeno Industrial’s Q2 2025 Performance

Leeno Industrial recorded sales of KRW 190.93 billion and operating profit of KRW 88.38 billion in Q2 2025. While significantly higher than preliminary estimates, these figures represent a year-over-year decrease of 31.3% and 28.8%, respectively.

2. Why These Results? : Analyzing the Performance Fluctuations

The global semiconductor market downturn impacted sales of IC TEST SOCKET, Leeno’s core product. However, the high operating profit margin of 46.3% is a positive sign. Leeno’s robust financial structure, including zero debt and a low debt-to-equity ratio, is also a key strength.

3. So What Now? : Investment Strategies

In the short term, exceeding market expectations could provide upward momentum for the stock price. In the medium to long term, Leeno is expected to benefit from the semiconductor market recovery and growth in new industries like AI and automotive electronics. We maintain a ‘Buy’ rating.

4. Investor Action Plan

  • Short-term investors: Monitor stock price movements closely and seize buying opportunities.
  • Long-term investors: Consider investing in Leeno’s growth potential from a long-term perspective.