Doosan Robotics said on the 11th that it posted revenue of 33.0 billion won and an operating loss of 59.5 billion won last year. Compared with the same period a year earlier, revenue increased 29.6%, while the operating loss widened 44.3%. The net loss also came to 55.4 billion won over the same period, widening 51.8%. Despite the stock's high-flying run to a 52-week high, results remained weak as losses deepened.
Doosan Robotics' weak results stemmed from a slowdown in the global manufacturing cycle and ongoing uncertainty over U.S. tariff policy. Sales in advanced markets fell, and operating losses occurred due to one-off expense items such as hiring for R&D and the acquisition of OneXia. The company said manufacturers' conditions are unfavorable, leaving corporations with limited capacity to adopt robots and invest in smart factory equipment.
Doosan Robotics plans to make this year a starting point for growth and expand its intelligent robotics solutions business. It will merge OneXia, acquired last year, with Doosan Robotics' U.S. subsidiary to serve as a base for expanding market share in North America and globally, while pushing to expand direct sales and distribution channels.
Last year, OneXia's End-of-Line (EOL—the final stage of a manufacturing line where products are packaged and palletized) segment revenue increased 25% from a year earlier. The order backlog stood at about 22.0 billion won ($14.9 million) at the end of last year.