Industry
Daedong sets 2030 revenue target of 35.9 trillion won, shifts business model
Daedong Group’s three listed companies, Daedong, Daedong Gear and Daedong Metal, disclosed a value-up plan aimed at reaching combined revenue in the 5 trillion won range by 2030, based on a shift to agricultural physical AI. Daedong plans to move from one-off equipment sales to AI-driven recurring revenue and to pursue subscription-type AI agriculture services. The group also plans to expand dealer networks, set financial targets, enter new businesses and gradually raise payout ratios to about 20 percent by 2030.
