Août 11

Hankook Tire Q2 Revenue Over $4 Billion

A leading global tire company Hankook Tire & Technology (Hankook Tire) announced its consolidated global financial results for the second quarter of 2026, reporting revenue of 5.6824 trillion ($4.01 billion) and operating profit of 559 billion won. Revenue and operating profit rose 5.8% and 58.1% year-over-year, respectively.

In the tire business, sales grew 11.8% year-over-year to 2.8073 trillion won, while operating profit rose 39.5% to 483.2 billion won, with an operating margin of 17.2%. In the thermal management segment, Hanon Systems, consolidated as a subsidiary of Hankook Tire since 2025, reported second-quarter 2026 sales of 2.8752 trillion won and operating profit of 103.7 billion won, while also returning to net profitability during the quarter.

Source: Business Korea

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