Despite tariff concerns···Daedong, TYM manage to fend off performance decline

Published 2025년 11월 25일

Tridge summary

[Hankuk Nong-eomin Newspaper, Reporter Jo Young-kyu] The third-quarter sales performance of Daedong and TYM this year increased compared to the same period last year. Concerns had been raised that domestic tractor manufacturers' sales would decrease after the United States decided to impose a 50% tariff on finished tractor products last August, but it was analyzed that the impact of the tariff has been limited so far, and as a result of solidifying their positions in overseas markets such as North America and Europe, they were able to defend their third-quarter performance. According to the Financial Supervisory Service's electronic disclosure system, the quarterly reports of Daedong and TYM showed that both sales and operating profit for the third quarter of this year increased compared to the same period last year. Daedong's consolidated sales for the third quarter amounted to 354

Original content

Strategy to strengthen North American market position proves effective Both companies turn to profit in Q3 Daedong expands new dealer network in western and eastern regions Promotion strategy pays off TYM releases products tailored to local market Efforts to expand dealer network across the US Imposition of 50% tariff kicks in full force · Off-season Q4 situation is expected to be tough The third-quarter sales performance of Daedong and TYM this year increased compared to the same period last year. Concerns had been raised that domestic tractor manufacturers' sales would decline after the US announced in August that it would impose a 50% tariff on tractors, but the analysis is that the solidification of overseas market positions in North America and other regions enabled the companies to defend their Q3 performance. According to the Financial Supervisory Service's electronic disclosure system, the quarterly reports of Daedong and TYM showed that both sales and operating profit for ...
Source: Agrinet

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