What the company does
SY Steel Tech makes deck plates, corrugated steel sheets used as permanent formwork in building floors and concrete slabs, supplying construction sites across South Korea.
Its customers are construction contractors who use deck plates as a faster, safer alternative to traditional plywood formwork. Listed on KOSDAQ, South Korea's small-cap board, the company operates in a single core product line where scale and established brand recognition serve as meaningful barriers to new entrants.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue · FY2025
US$70.6M
▼ −16.8% YoY
Operating profit · FY2025
−US$1.9M
Turned to loss
Net income · FY2025
−US$1.5M
Turned to loss
Revenue
- FY2023US$86.8M
- FY2024US$84.8M
- FY2025US$70.6M
Operating profit
- FY2023US$10.6M
- FY2024US$5.9M
- FY2025−US$1.9M
Net income
- FY2023US$7.8M
- FY2024US$4.4M
- FY2025−US$1.5M
Key ratios (FY2025)
ROE
-2.2%
Debt/Eq
26.6%
Op. margin
-2.8%
Net margin
-2.1%
Rev. YoY
▼ −16.8%
Filings
All disclosures · English when translatedPrice charts coming soon
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