KGM, 3rd consecutive year of surplus in first half of 2025..Operating profit of KRW 28.5 billion
Jul 25, 2025
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These achievements achieved a surplus thanks to increased export volumes by expanding the launch of new cars in the global market and entering new markets, as well as efforts to improve profitability and productivity, and exchange rate effects.The surplus in the first half of the year marks the third consecutive year following the first half of 2023, and it is the first time in 21 years since 2002-2004.
In particular, operating profit in the first half of the year was higher than last year, which reflected the effect of CO₂penalty reversal, which shows that it is realizing profits only from net operating performance due to increased export volumes following the first quarter and laying the foundation for sustainable growth by launching new products and increasing sales.
Sales in the first half totaled 53,272 units, including 18,321 units in the domestic market and 34,951 units in exports, down from a year earlier. Exports have increased for three consecutive months since April, with sales up 4.8 percent in the second quarter compared to the first quarter, while sales have also recovered by surpassing 1 trillion won in the quarter for the first time in nine quarters since the first quarter of 2023 (KRW 1,084.3 billion).
Exports rose 7.3 percent year-on-year and rose from last year, the highest performance in a decade, brightening the outlook for this year. Exports in the first half of the year are the highest in 11 years since the first half of 2014 (41,000 units).
KGM expects sales volume to increase further when the full-fledged shipment of the Actian Hybrid begins, and actively seeks to improve profitability by increasing sales volume and expanding the surplus in the second half of the year.It is responding to foreign markets.
In the domestic market, KGM Mobilizing, a subscription service, was newly launched last month under the basic policy of providing better services and reliable purchasing journeys based on customer experience, and it has started to expand customer contact points by preparing various test drive events ahead of the opening of the "Experience Center Busan" later this month.
In addition, in order to expand the export market, which has been on the rise, it signed a Head of Agreement (HOA) with Indonesia's PT Pindad in May to cooperate with Indonesia's national car project and is strengthening its overseas market by starting export shipments of Musso EV and Torres hybrid global markets in June.
"Despite the contraction in the domestic market, we have recorded a surplus for two consecutive quarters thanks to rising export volumes, exchange rate effects and efforts to improve profitability," a KGM official said. "We will further improve profitability along with increasing sales volume in the second half of the year by focusing on domestic market responses such as expanding customer contact points through KGM mobilization and experience centers."
This article was translated by Naver AI translator.
