Hyundai Green Food (A453340) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 was KRW 1,122.7 billion, with operating income of KRW 63.1 billion and net income attributable to owners of KRW 49.3 billion, reflecting a year-over-year decrease in both revenue and profit.

• The company maintained a strong financial position with total assets of KRW 981.9 billion and equity of KRW 700.4 billion as of June 30, 2025.

• Major business segments include food service, distribution, and food materials, with food service accounting for 47.8% of sales.

• The company continued to invest in new business areas such as health functional foods and ready-to-eat meals, leveraging its distribution channels and R&D capabilities.

Financial highlights

• Revenue for H1 2025: KRW 1,122.7 billion (down from KRW 2,270.4 billion in FY2024).

• Operating income for H1 2025: KRW 63.1 billion (down from KRW 96.7 billion in FY2024).

• Net income attributable to owners: KRW 49.3 billion (down from KRW 74.0 billion in FY2024).

• Basic EPS for H1 2025: KRW 1,493.

• Cash and cash equivalents at period end: KRW 68.9 billion.

Outlook and guidance

• The company plans to expand its health functional food business and B2C meal solutions, targeting growth in the health and convenience food markets.

• Continued focus on cost control, operational efficiency, and product innovation to offset challenging macroeconomic conditions.

• Mid-term dividend policy aims for a payout ratio of 40% and annual dividends of at least KRW 20 billion.