Hyundai Wia (011210) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 was KRW 4,240.3 billion, with operating income of KRW 104.9 billion and net income of KRW 119.3 billion, including discontinued operations.

• Mobility (auto parts) sales slightly decreased year-over-year due to lower OEM sales, while special (defense) segment sales increased on export growth.

• The company completed the spin-off and sale of its machine tool business in July 2025.

Financial highlights

• H1 2025 revenue: KRW 4,240.3 billion (up from KRW 4,166.8 billion in H1 2024).

• Operating income: KRW 104.9 billion (down from KRW 112.9 billion in H1 2024).

• Net income: KRW 119.3 billion (up from KRW 82.4 billion in H1 2024).

• Gross margin: 6.3% (H1 2025), stable year-over-year.

• EPS: KRW 4,067 (H1 2025), down from KRW 4,520 (FY2024).

• Cash and equivalents at period end: KRW 881.7 billion.

Outlook and guidance

• The company expects continued growth in defense exports and ongoing challenges in the mobility segment due to global OEM demand volatility.

• Focus remains on expanding EV-related parts and smart factory solutions.