AhnLab, an AI-native security platform company, said on Oct. 28 it posted third-quarter consolidated sales of 79.5 billion won and operating profit of 10.9 billion won. On a standalone basis, it recorded quarterly sales of 72.2 billion won and operating profit of 12.9 billion won.

Consolidated sales rose by 14.9 billion won, or 23.1 percent, from a year earlier, while operating profit increased by 3.1 billion won, or 38.7 percent. On a standalone basis, sales rose by 15.0 billion won, or 26.2 percent, and operating profit increased by 2.6 billion won, or 25.3 percent. For the first three quarters, consolidated sales totalled 209.8 billion won and operating profit was 18.2 billion won. On a standalone basis, cumulative sales were 188.9 billion won and operating profit was 25.3 billion won.

The company emphasised that for the first three quarters, consolidated sales increased by 25.8 billion won, or 14.0 percent, and operating profit rose by 5.9 billion won, or 47.3 percent, from a year earlier. On a standalone basis, sales rose by 25.9 billion won, or 15.9 percent, and operating profit increased by 5.6 billion won, or 28.1 percent.

AhnLab said its network security business grew by at least triple digits from a year earlier in the third quarter, and that expanding demand for EDR (endpoint detection and response) and MDR (managed detection and response) helped it post a solid pace of sales growth.

It said its global business also achieved double-digit growth from a year earlier, following the previous quarter, and that it will maintain its growth trend based on expanding demand for AI-based security and strengthening its AI-native security competitiveness.