1. What Happened? – Youngone Corporation H1 2025 Earnings Breakdown

Youngone Corporation achieved KRW 10,382 billion in revenue for H1 2025, exceeding market expectations. However, operating and net profits fell short, reaching KRW 1,457 billion and KRW 1,001 billion, respectively.

  • Revenue: KRW 10,382 billion (+6% vs. forecast)
  • Operating Profit: KRW 1,457 billion (-14% vs. forecast)
  • Net Profit: KRW 1,001 billion (-33% vs. forecast)

2. Why These Results? – Analyzing the Drivers of Performance

The main drivers of revenue growth were the recovery of the manufacturing OEM business and increased sales volume in the SCOTT business. However, declining profitability in the SCOTT division, rising raw material prices, and increased exchange rate volatility, particularly losses from derivative valuations, were the primary reasons for the profit decline.

3. What’s Next? – Future Outlook and Investment Strategies

Youngone Corporation possesses positive long-term growth drivers such as business diversification, vertical integration, and strengthened ESG management. However, short-term profitability improvements are expected to be challenging. Global economic uncertainty, difficulties in the SCOTT business division, and exchange rate volatility remain key factors for investors to watch.

The current investment recommendation is “Neutral”. Closely monitor the global economic recovery, SCOTT business profitability improvement, and exchange rate volatility management.

4. Investor Action Plan – Key Considerations for Investment

Investors considering Youngone should pay attention to the following:

  • Global economic recovery and demand changes in downstream industries in H2 2025
  • Inventory clearance and profitability improvement in the SCOTT business division
  • Exchange rate volatility management and derivative valuation trends
  • Tangible results of new investments and business diversification strategies