[Breaking News] HD Hyundai Electric Posts Q2 2026 Operating Profit of KRW 287 Billion, Up 37.3% Year-over-Year
HD Hyundai Electric announced on the 28th that it disclosed its preliminary consolidated earnings for the second quarter of 2026. These earnings figures are pre
![[Breaking News] HD Hyundai Electric Posts Q2 2026 Operating Profit of KRW 287 Billion, Up 37.3% Year-over-Year](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F06%2F579783%2F4e4da2bfb8f012b9%2Foriginal.webp&w=1920&q=75)
HD Hyundai Electric announced on the 28th that it disclosed its preliminary consolidated earnings for the second quarter of 2026. These earnings figures are preliminary and have not yet been reviewed by an external auditor.
- *[Q2 2026 Key Earnings Summary]**
- Revenue: KRW 1,141.8 billion (up 10.2% from KRW 1,036.5 billion in the previous quarter, up 26.0% from KRW 906.2 billion in the same period last year)
- Operating Profit: KRW 287.0 billion (up 11.1% from KRW 258.3 billion in the previous quarter, up 37.3% from KRW 209.1 billion in the same period last year)
- Profit Before Income Tax from Continuing Operations: KRW 278.8 billion (down 1.9% from the previous quarter, up 52.9% from the same period last year)
- Net Income: KRW 206.1 billion (down 0.8% from the previous quarter, up 45.2% from the same period last year)
- Net Income Attributable to Owners of the Parent Company: KRW 206.6 billion (down 0.7% from the previous quarter, up 45.1% from the same period last year)
[First Half Cumulative Earnings] On a cumulative basis for the first half of this year, the company recorded revenue of KRW 2,178.3 billion (up 13.4% from the same period last year). It achieved an operating profit of KRW 545.3 billion (up 27.6%), profit before income tax from continuing operations of KRW 563.0 billion (up 44.4%), and net income of KRW 413.8 billion (up 40.1%). Net income attributable to owners of the parent company stood at KRW 414.7 billion, an increase of 39.9% compared to the same period last year.
Meanwhile, HD Hyundai Electric is scheduled to hold a Q2 2026 earnings presentation for investors and the media at 3:00 PM on the same day. The company added that the figures disclosed this time were prepared prior to the review by an external auditor, and that some details may change during the subsequent accounting review process.
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