{"id":3744,"date":"2025-08-18T08:05:23","date_gmt":"2025-08-18T00:05:23","guid":{"rendered":"https:\/\/bccmedianews.com\/?p=3744"},"modified":"2025-08-18T09:03:08","modified_gmt":"2025-08-18T01:03:08","slug":"astk-reports-64-sales-increase-while-facing-second-quarter-operating-loss","status":"publish","type":"post","link":"https:\/\/bccmedianews.com\/?p=3744","title":{"rendered":"[Chosun Biz] ASTK reports 64% sales increase while facing second-quarter operating loss"},"content":{"rendered":"\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\"><em>Published: August 18, 2025, 6:00 a.m. KST<br>Reporter: Eun-seo<\/em> Cho<br><a href=\"https:\/\/biz.chosun.com\/en\/en-finance\/2025\/08\/18\/KWB4NSVGCFDRLIJAUZVA24MKKU\/\">Original Link (English)<\/a><\/p>\n\n\n\n<p class=\"has-cyan-bluish-gray-background-color has-background has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\"><strong>ASTK experiences second-quarter setbacks despite strong first-half sales growth<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"182\" data-attachment-id=\"3745\" data-permalink=\"https:\/\/bccmedianews.com\/?attachment_id=3745\" data-orig-file=\"https:\/\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/LTD76XYEL3IKKSY2SS3KCSHPQQ.avif\" data-orig-size=\"250,182\" data-comments-opened=\"0\" data-image-title=\"LTD76XYEL3IKKSY2SS3KCSHPQQ\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/LTD76XYEL3IKKSY2SS3KCSHPQQ.avif\" src=\"https:\/\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/LTD76XYEL3IKKSY2SS3KCSHPQQ.avif\" alt=\"\" class=\"wp-image-3745\"\/><figcaption class=\"wp-element-caption\">Provided by ASTK<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">Aircraft parts specialist ASTK announced on the 14th that its cumulative sales for the first half of the year (January to June) reached 120.8 billion won, with an operating profit of 2.5 billion won. Compared to the same period last year, sales increased by 64%, and operating profit successfully transitioned to a surplus.<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">However, looking only at the second quarter of this year (April to June), it recorded an operating loss of 3.4 billion won and a net loss of 8.2 billion won. This is due to the upfront research and development expenses being processed at once related to the delivery of the initial aircraft for the cargo aircraft modification project (IAI B777 P2F) last June, as well as accounting expenses reflected from inventory evaluation losses at the end of the half-year.<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">ASTK expects to benefit from the expansion of Boeing\u2019s commercial aircraft production and the positive trends in the defense institutional sector. ASTK is responsible for the production of aircraft structural components and rear fuselage, participating in Boeing&#8217;s supply chain.<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">According to Reuters, Boeing&#8217;s commercial aviation sector continues to achieve stable contract performance despite the Trump administration&#8217;s volatile trade policies. Kelly Ortberg, who became the CEO of Boeing in August of last year, positively impacted by collaborating with the government to enhance Federal Aviation Administration (FAA) certifications and new aircraft development.<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">In particular, it has been assessed that confidence in the commercial sector has recovered due to the recent large-scale wide-body aircraft orders from Qatar Airways.<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">There is also great growth potential in the defense institutional sector. Boeing is currently revitalizing military aircraft projects based on medium and large platforms, such as the E-8 (early warning aircraft) and P-8 (anti-submarine patrol aircraft), while normalizing production of the 737 MAX.<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">ASTK is reportedly laying the groundwork for expanding military aircraft parts contracts by accumulating experience in supplying defense-related parts through its contract for C390 military transport aircraft parts.<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">Meanwhile, ASTK plans to diversify its business portfolio through new projects such as the cargo aircraft modification project and the development of the Embraer C390 in search of medium-to-long-term growth.<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">An ASTK official noted, &#8220;The new projects, including the successful delivery of the initial aircraft for the IAI B777 P2F project and the development of the Embraer C390, will accelerate revenue growth,&#8221; adding that &#8220;with the integrated logistics warehouse completed last year and the newly introduced machinery and equipment now operating normally, profitability will significantly improve through production stabilization and enhanced efficiency.&#8221;<\/p>\n\n\n\n<p class=\"has-open-sans-font-family wp-block-paragraph\" style=\"font-size:20px\">Eun-seo Cho (joheun@chosunbiz.com)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published: August 18, 2025, 6:00 a.m. KSTReporter: Eun- [&hellip;]<\/p>\n","protected":false},"author":256241814,"featured_media":3746,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[132878,132842,132862,132846,132874,132844],"tags":[133062,133186,133188,133190,133172,133184,133215],"class_list":["post-3744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-business-economy","category-corporate-insights","category-global-markets","category-mobility-automotive","category-technology","tag-astk-en","tag-aviation","tag-boeing","tag-embraer","tag-iai","tag-p2f","tag-qatar-airways"],"jetpack_publicize_connections":[],"jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pg46U3-Yo","jetpack-related-posts":[{"id":4684,"url":"https:\/\/bccmedianews.com\/?p=4684","url_meta":{"origin":3744,"position":0},"title":"[E-Daily] ASTK, Cumulative Sales for Q3 at an All-Time High\u2026 Profit Also Increases","author":"revieweditor","date":"2025\u5e7411\u670817\u65e5","format":false,"excerpt":"Sohyun Kwon, ReporterEntered 2025.11.17. 7:30 a.m.\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/astk-e1771813920137.png?fit=1176%2C615&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/astk-e1771813920137.png?fit=1176%2C615&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/astk-e1771813920137.png?fit=1176%2C615&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/astk-e1771813920137.png?fit=1176%2C615&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/astk-e1771813920137.png?fit=1176%2C615&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5735,"url":"https:\/\/bccmedianews.com\/?p=5735","url_meta":{"origin":3744,"position":1},"title":"[Chosun Biz] ASTK posts record Q1 as defense expansion and C-390 deliveries boost profit","author":"revieweditor","date":"2026\u5e7405\u670815\u65e5","format":false,"excerpt":"Q1 sales and operating profit rise on C-390 progra\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/bccmedianews.com\/wp-content\/uploads\/2026\/05\/OWKLLVZMQVE5DG4F2SHLRZ3BCU.avif","width":350,"height":200,"srcset":"https:\/\/bccmedianews.com\/wp-content\/uploads\/2026\/05\/OWKLLVZMQVE5DG4F2SHLRZ3BCU.avif 1x, https:\/\/bccmedianews.com\/wp-content\/uploads\/2026\/05\/OWKLLVZMQVE5DG4F2SHLRZ3BCU.avif 1.5x"},"classes":[]},{"id":2002,"url":"https:\/\/bccmedianews.com\/?p=2002","url_meta":{"origin":3744,"position":2},"title":"ASTK Achieves Profitability Improvement\u2026 &#8220;Significant Financial Turnaround&#8221;","author":"revieweditor","date":"2025\u5e7402\u670814\u65e5","format":false,"excerpt":"February 14, 2025 E-Daily Market Reporter Hye-Shin\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/02\/unnamed.png?fit=512%2C252&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":929,"url":"https:\/\/bccmedianews.com\/?p=929","url_meta":{"origin":3744,"position":3},"title":"Embraer Partners with ASTK to Advance the Defense Acquisition Program for the C-390","author":"articleeditor","date":"2024\u5e7410\u670810\u65e5","format":false,"excerpt":"Embraer, the world's third-largest aircraft manufa\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2024\/10\/20241008145759380_n.jpg?fit=640%2C480&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2024\/10\/20241008145759380_n.jpg?fit=640%2C480&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2024\/10\/20241008145759380_n.jpg?fit=640%2C480&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3078,"url":"https:\/\/bccmedianews.com\/?p=3078","url_meta":{"origin":3744,"position":4},"title":"ASTK Posts 75% Increase in Q1 Revenue\u2026 Three Consecutive Quarters of Profitability","author":"revieweditor","date":"2025\u5e7405\u670815\u65e5","format":false,"excerpt":"Revenue of KRW 64.3 Billion, Operating Profit of K\u2026","rel":"","context":"\u5728\u201cBusiness\u201d\u4e2d","block_context":{"text":"Business","link":"https:\/\/bccmedianews.com\/?cat=132842"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/05\/image-1.png?fit=670%2C383&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/05\/image-1.png?fit=670%2C383&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/05\/image-1.png?fit=670%2C383&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5205,"url":"https:\/\/bccmedianews.com\/?p=5205","url_meta":{"origin":3744,"position":5},"title":"[Chosun Biz] ASTK posts record sales and turns profitable as UAMCO-led overhaul boosts growth","author":"revieweditor","date":"2026\u5e7402\u670811\u65e5","format":false,"excerpt":"By\u00a0Park Yong-sun Published\u00a02026.02.11. 13:33O\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/section01_bg02-e1753060865902.png?fit=1176%2C578&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/section01_bg02-e1753060865902.png?fit=1176%2C578&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/section01_bg02-e1753060865902.png?fit=1176%2C578&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/section01_bg02-e1753060865902.png?fit=1176%2C578&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/section01_bg02-e1753060865902.png?fit=1176%2C578&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/astk-e1771813920137.png?fit=1176%2C615&ssl=1","_links":{"self":[{"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/posts\/3744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/users\/256241814"}],"replies":[{"embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3744"}],"version-history":[{"count":6,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/posts\/3744\/revisions"}],"predecessor-version":[{"id":3757,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/posts\/3744\/revisions\/3757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/media\/3746"}],"wp:attachment":[{"href":"https:\/\/bccmedianews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}