[Breaking] Hyosung Heavy Industries Q2 Operating Profit KRW 264.3 Billion... Up 60.9% YoY
Hyosung Heavy Industries recorded a consolidated operating profit of KRW 264.3 billion in the second quarter of 2026, achieving a 60.9% increase compared to the
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Hyosung Heavy Industries recorded a consolidated operating profit of KRW 264.3 billion in the second quarter of 2026, achieving a 60.9% increase compared to the same period last year.
According to the consolidated financial statement-based preliminary operating results disclosure by Hyosung Heavy Industries on the 31st, key performance indicators for the second quarter of this year, including revenue and operating profit, improved significantly year-over-year.
- *■ Q2 Performance Summary (Consolidated Basis)**
- Revenue: KRW 1.6869 trillion (up 10.6% from KRW 1.5253 trillion in the same period last year, up 24.2% from KRW 1.3582 trillion in the previous quarter)
- Operating Profit: KRW 264.3 billion (up 60.9% from KRW 164.3 billion in the same period last year, up 73.5% from KRW 152.3 billion in the previous quarter)
- Profit Before Income Tax from Continuing Operations: KRW 236.9 billion (up 83.4% from the previous quarter, up 121.2% from the same period last year)
- Net Income: KRW 171.7 billion (up 88.1% from the previous quarter, up 96.6% from the same period last year)
- Net Income Attributable to Owners of the Parent Company: KRW 172.6 billion (up 97.8% from the previous quarter, up 86.5% from the same period last year)
■ First Half Cumulative Performance Cumulative revenue for the first half reached KRW 3.0451 trillion, up 17.1% from the same period last year. Operating profit for the same period was KRW 416.6 billion, up 56.2%, while profit before income tax from continuing operations stood at KRW 366.0 billion, up 54.1%.
In addition, net income for the first half was KRW 263.1 billion, up 37.8% from the same period last year, and net income attributable to owners of the parent company was KRW 259.8 billion, up 33.5%.
Hyosung Heavy Industries stated that these results are preliminary consolidated figures prepared in accordance with the Korean International Financial Reporting Standards (K-IFRS), and that they may be subject to partial changes in the future as the external auditor's accounting review has not yet been completed.
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