[Breaking] Kumho Petrochemical Posts Q2 Operating Profit of 339 Billion Won... Surges 420% Year-on-Year
Kumho Petrochemical recorded robust growth in the second quarter of 2026. Operating profit reached 339 billion won, surging nearly 420% year-on-year, while over
![[Breaking] Kumho Petrochemical Posts Q2 Operating Profit of 339 Billion Won... Surges 420% Year-on-Year](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F06%2F581748%2Fed2a73c31f2e2200%2Foriginal.webp&w=1920&q=75)
Kumho Petrochemical recorded robust growth in the second quarter of 2026. Operating profit reached 339 billion won, surging nearly 420% year-on-year, while overall performance indicators including revenue and net profit also improved significantly.
According to Kumho Petrochemical on the 7th, on a consolidated basis under Korean International Financial Reporting Standards (K-IFRS), Q2 2026 revenue stood at 2.26815 trillion won, up 27.90% year-on-year and 27.43% from the previous quarter. Operating profit for the same period recorded 338.998 billion won, soaring 419.70% from the same period last year (65.23 billion won) and 470.67% from the previous quarter (5.9403 billion won).
Profitability metrics also improved substantially. Profit before income tax from continuing operations reached 387.982 billion won, up 474.39% year-on-year and 229.31% from the previous quarter. Net profit for the period was 300.417 billion won, increasing 420.36% year-on-year and 211.98% from the previous quarter, while net profit attributable to owners of the parent company also expanded to 300.358 billion won, up 420.81% year-on-year and 212.01% from the previous quarter.
Cumulative performance for the first half also rose across the board. The company recorded revenue of 4.04811 trillion won, operating profit of 398.402 billion won, and net profit of 396.709 billion won, representing year-on-year increases of 9.96% in revenue, 114.38% in operating profit, and 117.30% in net profit.
The company stated that the figures announced are preliminary results subject to change following a review by the external auditor.
CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.
