Avaco Swings to Operating Loss in Third Quarter

Bitget2026/11/06 07:52

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Avaco posted a third-quarter 2026 operating loss of KRW 4.61 billion, versus a year-earlier profit of KRW 6.06 billion.
Revenue fell 6% year over year to KRW 47.32 billion.
Sequentially, revenue rose 295.4%; the operating loss narrowed 63.7%.
Net loss reached KRW 21.19 billion, compared with a year-earlier profit of KRW 8.36 billion.
Nine-month 2026 revenue declined 69.3% to KRW 72.09 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avaco Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261106900736), on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Avaco Swings to Operating Loss in Third Quarter

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