Development Advance Solution

다스코 · 058730

Industrials Machinery · KOSPI

Small-cap

Market cap US$37.3M (₩51.5B)

Overview

Development Advance Solution makes road-safety barriers and noise-reduction walls used in public infrastructure projects across South Korea, and has expanded into solar energy, supplying structural mounting systems, floating solar installations on water, and full engineering-procurement-construction services for solar power plants.

Its products serve government-linked infrastructure programmes, placing it within Korea's public-works supply chain. Listed on KOSPI, Korea's main stock exchange, the company operates across three additional segments, building materials, renewable energy, and steel products, alongside its core road-safety business.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$198M
▼ −12.4% YoY
Operating profit · FY2025
US$1.5M
Turned profitable
Net income · FY2025
−US$5M
Loss widened

Revenue

  • FY2023US$274M
  • FY2024US$226.1M
  • FY2025US$198M

Operating profit

  • FY2023US$16.3M
  • FY2024−US$1.3M
  • FY2025US$1.5M

Net income

  • FY2023US$10.4M
  • FY2024−US$2.6M
  • FY2025−US$5M

Key ratios (FY2025)

ROE
-5.0%
Debt/Eq
136.1%
Op. margin
0.8%
Net margin
-2.5%
Rev. YoY
▼ −12.4%

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For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-06-12 (KST). · FX: 1 USD ≈ ₩1,380 (2026-06-01).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.