KO
[Overall Performance – Revenue: KRW 10.022T, Operating Profit: KRW 753B]
[Revenue]
Decreased by KRW 983B compared to KRW 11.005T in Q2 2024
Increased by KRW 285B compared to KRW 9.737T in Q1 2025
[Operating Profit]
Decreased by KRW 147B compared to KRW 900B in Q2 2024
Increased by KRW 29B compared to KRW 724B in Q1 2025
< Executive Summary >
Revenue and operating profit declined slightly year-on-year, affected by a slowdown in the domestic economy and growing global uncertainty.
– The Engineering & Construction Group saw a decline in both revenue and operating profit compared to the same period last year, due to the completion of large-scale projects including high-tech builds. The Trading & Investment Group posted year-on-year growth in both revenue and profit, driven by increased trading volume and gains from the sale of solar assets.
– The Fashion Group reported lower revenue and operating profit amid weakening domestic consumption. While the Resort Group achieved revenue growth through expanded food distribution, operating profit declined due to abnormal weather conditions impacting leisure demand.
< Performance by Group >
[Engineering & Construction Group]
Revenue KRW 3.395T, Operating Profit KRW 118B
[Revenue]
Decreased by KRW 1.520T compared to KRW 4.915T in Q2 2024
Decreased by KRW 225B compared to KRW 3.620T in Q1 2025
[Operating Profit]
Decreased by KRW 165B compared to KRW 283B in Q2 2024
Decreased by KRW 41B compared to KRW 159B in Q1 2025
– The Engineering & Construction Group recorded a decline in both revenue and operating profit year-on-year, reflecting the completion of large-scale projects including high-tech contracts. Increased marketing costs in the housing business also weighed on profitability.
[Trading & Investment Group]
Revenue KRW 3.776T, Operating Profit KRW 80B
[Revenue]
Increased by KRW 377B compared to KRW 3.399T in Q2 2024
Increased by KRW 340B compared to KRW 3.436T in Q1 2025
[Operating Profit]
Increased by KRW 8B compared to KRW 72B in Q2 2024
Increased by KRW 17B compared to KRW 63B in Q1 2025
– The Trading & Investment Group posted year-on-year growth in both revenue and profit, supported by increased trading volume in fertilizers and steel, as well as improved profitability from the sale of solar assets in the U.S.
[Fashion Group]
Revenue KRW 510B, Operating Profit KRW 33B
[Revenue]
Decreased by KRW 3B compared to KRW 513B in Q2 2024
Increased by KRW 6B compared to KRW 504B in Q1 2025
[Operating Profit]
Decreased by KRW 19B compared to KRW 52B in Q2 2024
Decreased by KRW 1B compared to KRW 34B in Q1 2025
– The Fashion Group experienced a slight year-on-year decline in performance, driven by the impact of softening consumer sentiment and continued economic pressure.
[Resort Group]
Revenue KRW 1.051T, Operating Profit KRW 54B
[Revenue]
Increased by KRW 30B compared to KRW 1.021T in Q2 2024
Increased by KRW 172B compared to KRW 879B in Q1 2025
[Operating Profit]
Decreased by KRW 12B compared to KRW 66B in Q2 2024
Increased by KRW 66B compared to KRW -12B in Q1 2025
– The Resort Group achieved revenue growth through the continued expansion of its food distribution business. However, operating profit declined year-on-year due to weakened leisure demand amid abnormal weather conditions.
