ITCEN Global said on Nov. 13 its cumulative consolidated revenue for the third quarter of 2026 came to 7.11 trillion won, up 54 percent from a year earlier.

Consolidated operating profit fell 15 percent from a year earlier to 101.3 billion won, but net profit rose 34 percent to 120.8 billion won, the company said. It said the increase was supported by balanced growth in its Web3 business, including Korea Gold Exchange, and its IT services business, including ITCEN CTS and ITCEN NTECH.

The IT services business posted a more than 13 percent rise in revenue and a more than 480 percent jump in operating profit from a year earlier. It said results from digital transformation projects across the public and private sectors had a positive impact, based on a business portfolio centered on AI and solutions.

ITCEN Global is also pushing ahead with a merger between Korea Gold Exchange and Korea Gold Exchange Digital Asset. It aims to improve operating efficiency by using the two companies' management resources and business capabilities in an integrated way, and to boost management efficiency by streamlining overlapping investments and similar tasks.

Kang Jin-mo (강진모), chief executive of ITCEN Global, said strong performance continued in the third quarter of 2026 due to balanced growth at its subsidiaries. He said some procedures related to a listing were being delayed somewhat during talks with relevant institutions, but the overall schedule was moving ahead without major disruption. Kang said the company expects strong full-year results, backed by strong performance in its Web3 and IT services businesses as it enters the fourth quarter, when revenue and profitability are concentrated due to the nature of the business.