Ducksan Hi-Metal achieved a dramatic turnaround to profitability, recording a consolidated operating profit of 10.078 billion KRW in the second quarter of 2026. According to preliminary earnings announced through a regulatory filing on the 6th, this figure represents a 290.6% surge compared to the same period last year (2.581 billion KRW).

■ Q2 Earnings Summary Revenue stood at 90.753 billion KRW, up 32.1% from the previous quarter (68.701 billion KRW) and 58.1% from the same period last year (57.408 billion KRW). Considering that the company posted an operating loss of 668 million KRW in the prior quarter, profitability has improved significantly in a short period.

Profit from continuing operations before income tax expense was 15.264 billion KRW, up 205.0% from the previous quarter and 638.1% from the same period last year. Net income for the period reached 12.439 billion KRW, an increase of 140.3% from the previous quarter and 960.4% from the same period last year. Net income attributable to owners of the parent company surged 125.7% quarter-on-quarter and 1,643.3% year-on-year to 12.361 billion KRW.

■ First-Half Cumulative Earnings On a cumulative first-half basis, the company achieved revenue of 159.454 billion KRW and an operating profit of 9.41 billion KRW. Operating profit soared 692.7% compared to the same period last year, while both net income for the period (17.617 billion KRW) and net income attributable to owners of the parent company (17.839 billion KRW) turned to a surplus. Profit from continuing operations before income tax expense stood at 20.268 billion KRW.

Ducksan Hi-Metal stated, "These earnings are preliminary consolidated operating results prepared in accordance with the Korean International Financial Reporting Standards (K-IFRS), and certain details may be subject to change during the external auditor's accounting review."