1. Daelim Bath Q2 2025 Performance: What Happened?
Daelim Bath achieved revenue of KRW 77.2 billion, operating profit of KRW 4.4 billion, and net income of KRW 2.9 billion in Q2 2025, showing slight improvement compared to the previous quarter. Year-on-year, revenue increased by 13.0%, with both operating and net income also showing growth, continuing a positive trend.
2. Drivers of Growth: Why the Improvement?
- Diversification: Expanding beyond bathroom fixtures into kitchen remodeling, home care, appliance rentals, furniture, and healthcare provides stable growth drivers.
- Brand Reinforcement: Changing the company name from ‘Daelim B&Co’ to ‘Daelim Bath’ aims to enhance brand recognition and marketing efficiency.
- Innovative Product Development: Award-winning designs, premium faucet lines, and IoT bidets contribute to differentiated product competitiveness and market share expansion.
3. Future Outlook and Investment Strategy: What’s Next?
Daelim Bath is expected to continue growing, driven by its strong fundamentals and diversification strategy. However, external factors like high interest rates, volatile raw material prices, and a potential slowdown in the construction market need consideration. Investors should closely monitor macroeconomic indicators and the company’s performance for informed investment decisions.
4. Action Plan for Investors
- Monitor Daelim Bath’s diversification strategy and new business ventures.
- Keep a close eye on macroeconomic indicators, particularly construction market trends and interest rate changes.
- Analyze competitors to understand Daelim Bath’s competitiveness and market share dynamics.