AI & Enterprise
Daedong posts 377.7 billion won in Q1 sales, speeds shift to AI farming operations platform
Daedong said it posted consolidated first-quarter sales of 377.7 billion won and operating profit of 6.0 billion won. Sales fell 2.4 percent from a year earlier and operating profit also declined, citing a global farm machinery slowdown, U.S. tariff burdens and increased investment in AI and robotics. The company said it is accelerating a shift to an AI farming operations platform linking AI tractors, agricultural robots, precision agriculture and smart farming.