Innovement announced on the 5th that its consolidated preliminary operating profit for the second quarter of this year reached KRW 44.586 billion, representing a 22.4% increase compared to the same period last year.

During the same period, revenue stood at KRW 499.051 billion, down 3.9% year-over-year, while net income surged 53.1% to KRW 36.477 billion. Net income attributable to controlling interests also rose 64.2% to KRW 32.255 billion.

Compared to the previous quarter (Q1), revenue (down 4.7%), net income (down 7.9%), and net income attributable to controlling interests (down 10.1%) saw slight declines, but operating profit increased 12.1%, demonstrating improved profitability.

• *[First Half (Q1–Q2) Cumulative Performance Summary]**
• Revenue: KRW 1.02284 trillion
• Operating Profit: KRW 84.377 billion (up 27.3% year-over-year)
• Net Income: KRW 76.091 billion (up 86.9% year-over-year)
• Net Income Attributable to Controlling Interests: KRW 68.146 billion (up 112.4% year-over-year)

Meanwhile, the company stated that these results are consolidated preliminary figures prepared in accordance with the Korean International Financial Reporting Standards (K-IFRS) and may be subject to change as they have not yet been reviewed by an external auditor.