HANCOM said on the 12th that it posted 84 billion won in sales and 12.3 billion won in operating profit on a consolidation basis in the third quarter of this year. That was up 18.1% and 45.7%, respectively, from a year earlier.
On a separate basis, sales grew 17.2% to 44 billion won, while operating profit held at the prior-year level due to strategic expense execution such as AI business-related rebranding and research and development (R&D) investment. The operating margin was adjusted to 27.8%.
The latest results were led by the AI institutional sector. Sales of key AI product lines such as "HANCOM Assistant" and "HANCOMpedia" were fully reflected, and demand expansion for non-installation products such as cloud SaaS and web office drove growth.
HANCOM has won a series of large public-sector AI projects this year, including building the National Assembly big data platform (AI National Assembly), the Ministry of the Interior and Safety's intelligent work management system, a pan-government AI common foundation, and the Gyeonggi Provincial Office of Education's digital platform. It is also participating in the "independent AI foundation model project" led by the Ministry of Science and ICT as part of the LG AI Research Institute consortium.
Within the year, HANCOM plans to expand AI convergence services such as "HANCOM AI Agent" and "HANCOM Assistant" into the B2G and B2B markets to secure new customers and drive sales growth. At the same time, it will load "Assistant Edge" onto LG Gram AI PCs, kicking off a full-fledged entry into the On-device AI field.
It will also push a locally tailored AI solutions business by establishing a joint venture with Japan's Kiraboshi Financial Group, and will target the Japanese market with technologies such as OCR (optical character recognition) and electronic signatures centered on "HANCOM OS."
Chief Executive Kim Yeon-su of HANCOM said, "Expanding the AI business is a core strategy that goes beyond HANCOM's growth limits," adding, "Along with securing the domestic market first, we will broaden our growth base with globally localized solutions."