ITCEN ENTEC said on Nov. 12 it posted consolidated revenue of 408.5 billion won, operating profit of 27.6 billion won and net profit of 27.8 billion won for the first three quarters of 2026.

Revenue rose 8.4 percent and operating profit increased 157.9 percent from a year earlier. Operating profit exceeded last year’s full-year operating profit of 20.9 billion won in three quarters. Consolidated operating margin rose to 6.7 percent from 2.8 percent a year earlier, more than doubling.

On a separate basis, it posted revenue of 244.2 billion won and operating profit of 24.1 billion won for the first three quarters. The figures were up 13.5 percent and 29.0 percent, respectively, from a year earlier.

The company said higher operations business and large project sales, mainly in the public sector, and keeping selling, general and administrative expenses at last year’s level led to improved performance. It said its subsidiary ITCEN Cloit returning to profit also helped improve consolidated results.

ITCEN Cloit posted revenue of 158.2 billion won and operating profit of 2.8 billion won for the first three quarters, returning to profit from an operating loss of 8.6 billion won a year earlier. The company stressed that gross margin improved to 9.7 percent from 5.0 percent as it reorganised its business with a focus on profitability and improved project quality and workforce deployment efficiency.

Shin Jang-ho (신장호), CEO of ITCEN ENTEC, said, "Exceeding last year’s annual operating profit in just three quarters is the result of shifting our business structure toward profitability and carefully managing costs since joining the group." He added, "We will build on the know-how accumulated in public-sector projects by growing our proprietary AI services such as NexQcen and the AI essay coach, to raise both growth and profitability."