Green Plus

그린플러스 · 186230

Materials Metals · KOSDAQ

Small-cap

Market cap US$29.3M (₩40.4B)

Overview

Green Plus makes aluminium extrusion products, shaped aluminium profiles used in construction, industrial equipment, and logistics, and applies that same manufacturing capability to build advanced greenhouse structures for smart farming.

Its aluminium products serve builders, industrial users, and logistics operators, while its greenhouse business supplies turnkey smart-farm facilities, covering planning, design, materials fabrication, and installation. Listed on KOSDAQ, Korea's tech and small-cap board, the company operates two distinct segments, aluminium extrusion and smart farming, with the extrusion line underpinning both.

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

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$76.6M

▲ +20.6% YoY

Operating profit · FY2025

−US$690K

Turned to loss

Net income · FY2025

−US$9.4M

Turned to loss

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$42.7M(₩58.9B)	US$63.5M(₩87.7B)	US$76.6M(₩105.7B)
Operating profit	−US$5.9M(−₩8.2B)	US$1.8M(₩2.5B)	−US$690K(−₩952.2M)
Net income	−US$11.1M(−₩15.3B)	US$185.7K(₩256.3M)	−US$9.4M(−₩13B)

Revenue

FY2023US$42.7M
FY2024US$63.5M
FY2025US$76.6M

Operating profit

FY2023−US$5.9M
FY2024US$1.8M
FY2025−US$690K

Net income

FY2023−US$11.1M
FY2024US$185.7K
FY2025−US$9.4M

Key ratios (FY2025)

ROE

-34.8%

Debt/Eq

158.6%

Op. margin

-0.9%

Net margin

-12.3%

Rev. YoY

▲ +20.6%

Why it matters

The company's aluminium extrusion production lines serve as the shared manufacturing foundation for both its industrial materials business and its smart-farm greenhouse construction business.

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