Samick Musical Instruments
삼익악기 · 002450
Consumer Discretionary Consumer Durables · KOSPI
Market cap US$85.2M (₩117.5B)
Overview
Samick Musical Instruments makes pianos, guitars, electronic keyboards, and orchestral instruments for home players and professional performers alike.
Its products reach customers in the United States, China, Europe, and other markets through dedicated sales subsidiaries in each region. Listed on KOSPI, Korea's main stock exchange, the company also runs a second business supplying combined heat and electricity to residential households in the Gwangju metropolitan area. Much of its musical-instrument revenue flows through an intermediary-trade model, where finished goods produced at its Indonesian manufacturing subsidiary are purchased by the parent and re-exported to third countries.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$179.7M
- FY2024US$166.9M
- FY2025US$162.6M
Operating profit
- FY2023US$4.7M
- FY2024US$4.3M
- FY2025US$1.7M
Net income
- FY2023US$2.5M
- FY2024US$2.3M
- FY2025US$12.5M
Key ratios (FY2025)
Why it matters
The company operates two distinct segments, musical instruments and district energy supply, making it structurally unusual for a consumer-goods listing.
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