1. DCM H1 2025 Performance: Key Highlights

DCM successfully returned to profitability in the first half of 2025. This is attributed to new business investments and stabilization efforts in existing businesses. However, Q2 sales decreased by 15.7% year-on-year, suggesting the impact of the global economic slowdown.

  • Revenue: KRW 57.9 billion (YoY -15.7%)
  • Operating Profit: KRW 1.9 billion (Return to profitability)
  • Net Profit: KRW 1.6 billion (Return to profitability)

2. Drivers of Profitability: New Business and Shareholder-Friendly Policies

DCM is actively pursuing new growth engines by entering the composite panel business. The company also focuses on enhancing shareholder value through shareholder-friendly policies, including share buybacks and continued dividends. However, uncertainties remain regarding initial investment costs and market entry for the new business.

3. Investment Considerations: Risk Factor Analysis

Key risk factors to consider when investing in DCM include:

  • Global economic uncertainty
  • Intensifying market competition
  • Customer concentration
  • Revenue and operating profit volatility

4. DCM Investment Strategy: Key Monitoring Points

Before making an investment decision, carefully review the following key monitoring points:

  • Performance of the composite panel business
  • Performance of the laminated steel plate business
  • Order intake and delivery status of major customers
  • Fluctuations in exchange rates and raw material prices

5. Conclusion: Positive Long-Term Outlook, but Beware of Short-Term Volatility

While DCM has returned to profitability and secured new business momentum, investors should be mindful of potential short-term volatility. In the long term, successful market entry of the composite panel business and global economic recovery are expected to drive DCM’s growth.