Ocean In W
오션인더블유 · 052300
Industrials Trading & Distribution · KOSDAQ
Market cap US$17.4M (₩24B)
Overview
Ocean In W distributes flat glass and related building materials, such as double-glazed, tempered, and laminated glass as well as PVC window frames, to construction and building-products customers across South Korea.
It also earns income by leasing commercial property it owns in Seoul. Listed on KOSDAQ, South Korea's tech and small-cap board, the company operates across three segments: glass distribution, property rental, and a recently added valve manufacturing business. Glass distribution is the largest segment by revenue, with property rental making up the remainder of current reported sales.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$8.6M
- FY2024US$4.9M
- FY2025US$5.5M
Operating profit
- FY2023−US$495.1K
- FY2024−US$2.4M
- FY2025−US$1.8M
Net income
- FY2023−US$76.4M
- FY2024US$121.7M
- FY2025−US$13.8M
Key ratios (FY2025)
Why it matters
The glass distribution segment operates as an authorized dealer for KCC and LX Glass, two of South Korea's major flat-glass producers, giving it a defined role in their domestic supply chains.
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