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Hyundai Steel (004020) investor relations material
Hyundai Steel Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved positive operating profit in 2Q 2025, driven by increased sales volume, lower raw material costs, and improved subsidiary performance.
Consolidated revenue rose to KRW 5,946bn, up KRW 382bn quarter-over-quarter and KRW 96bn year-over-year.
Net profit improved to KRW 37bn from a net loss in the previous quarter.
Financial highlights
Consolidated operating profit reached KRW 102bn, up KRW 121bn sequentially and KRW 4bn year-over-year.
Operating margin improved to 1.7% from -0.3% in the prior quarter.
Non-consolidated revenue increased to KRW 4,680bn, up KRW 391bn quarter-over-quarter and KRW 172bn year-over-year.
Non-consolidated operating profit was KRW 7bn, a sequential increase of KRW 48bn.
Outlook and guidance
Flat product prices expected to remain stagnant due to oversupply, while long product prices are stable as production cuts offset slow demand.
Iron ore and coking coal markets show mixed sentiment; scrap prices are lower due to reduced demand and supply.
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