Aircraft parts manufacturer ASTK posted record first-quarter results this year. With steady growth in the commercial aviation business and the institutional sector performance in defense gaining full momentum, observers say the profitability improvement trend is becoming clear.
ASTK disclosed on the 15th that it logged 71.4 billion won in sales and 7.0 billion won in operating profit in the first quarter of 2026. Sales rose 11% and operating profit increased 18% from a year earlier. Net profit for the period jumped more than 200% to 5.3 billion won, achieving a "turnaround" from the first quarter of this year.
The latest improvement was driven by intensive management efficiency measures and a business portfolio diversification strategy pursued consistently after the workout. In particular, the successful delivery of the initial units for the C-390 military transport aircraft, ordered in 2024, contributed positively to the results. The defense institutional sector research and development (R&D) also wrapped up successfully, helping lift profitability.
ASTK has recently expanded the potential for growth in its defense business by securing not only domestic supply volumes but also additional global contracts related to the C-390 program. Based on this, the company plans to diversify its revenue structure and build a stable growth base.
An ASTK official said, "We will do our best to achieve a turnaround to net profit for the full year 2026 as well."