1. What Happened at Dow Data in H1 2025?
Dow Data posted impressive results for the first half of 2025, with revenue of KRW 47,289 billion, operating profit of KRW 4,387 billion, and net income of KRW 3,275 billion, exceeding market expectations. The growth of the financial business segment, led by Kiwoom Securities, was particularly notable. The non-financial business segment also maintained stable growth, driven by system integration and content businesses.
2. What’s Behind the Strong Performance?
Dow Data’s success can be attributed to its successful diversification strategy. In the financial segment, strong performance in Kiwoom Securities’ S&T and investment management divisions drove earnings. The non-financial segment highlighted the growth potential of system integration projects related to overseas stock accounts and webtoon IP-based content businesses. Furthermore, consistent asset growth, sound financial management, and the addition of new subsidiaries positively impacted performance.
3. What’s Next for Dow Data?
Dow Data is expected to continue its growth trajectory in the second half of the year. Despite potential risks such as increased financial market volatility, the company’s diversified revenue streams and investments in future technologies like AI and big data are expected to fuel further growth.
4. What Should Investors Do?
- • Pay close attention to Dow Data’s performance in the second half and its efforts to improve profitability.
- • Analyze the company’s strategy for securing growth engines through new business investments and M&A.
- • Monitor the performance of investments aimed at securing future growth drivers like AI and big data.
- • Carefully analyze stock price movements and valuations following the earnings announcement to make informed investment decisions.