Meatbox Global Q3 Sales ₩41.5B, Swings to ₩940M Operating Profit

**Meatbox Global Announces Q3 2025 Earnings: Revenue Growth and Successful Turnaround to Operating Profit** Livestock product distribution platform Meatbox Global announced its Q3 2025 earnings, demonstrating robust growth. On a consolidated basis, revenue reached KRW 41.5 billion, operating profit KRW 940 million, and net profit KRW 690 million. Notably, operating profit successfully turned to a surplus compared to the previous quarter, clearly showing improved profitability. On a separate basis, revenue was KRW 39.2 billion, operating profit KRW 1.12 billion, and net profit KRW 1 billion. This performance improvement is analyzed as a result of increased sales due to revitalized consumption in the second half of the year, combined with a reduction in new business investment costs reflected in the first half. Particularly, sales in the butchery and foodstuff distribution sectors significantly increased from Q3, and improvements in the logistics system, such as extending order times for expanding Hanwoo (Korean beef) sales, played a crucial role in driving performance by leading to increased sales volume compared to the same period last year and the previous quarter. The platform's key indicator, Gross Merchandise Volume (GMV), also shows a continuous upward trend. Cumulative GMV from 2023 to Q3 2025 reached approximately KRW 1.24 trillion, proving that the transaction volume within the platform is notably expanding. A Meatbox Global official emphasized that the reduction of distribution stages through the Meatbox platform and the expansion of B2B transactions targeting self-employed individuals and distributors are leading to continuous customer inflow. The company plans to continue its growth by focusing on expanding market share and strengthening its distribution network in the future. Furthermore, it intends to secure new revenue drivers and expand its service areas through the activation of new businesses such as 'Yuk Mart' and 'Meat Match Daebu'.