Hyundai Rotem (064350) Q2 2026 earnings summary

Executive summary

• Q2 2026 saw consolidated sales of 16,060 billion KRW, up 12.1% year-over-year and 10.2% sequentially from Q1 2026.

• Operating profit for Q2 2026 was 2,324 billion KRW, a 9.7% decrease year-over-year but a 3.7% increase sequentially.

• Net income for Q2 2026 was 1,862 billion KRW, down 1.8% year-over-year and 8.1% sequentially.

Financial highlights

• H1 2026 sales reached 30,635 billion KRW, up 18.1% year-over-year.

• H1 2026 operating profit was 4,566 billion KRW, down 0.8% year-over-year.

• H1 2026 new orders totaled 25,801 billion KRW, a 53.2% decrease year-over-year.

• Order backlog at the end of Q2 2026 stood at 297,735 billion KRW.

Outlook and guidance

• Forward-looking statements indicate expectations for continued growth but highlight uncertainties that may impact actual results.