Hunezion Achieves Record High Sales of 36.1 Billion KRW... "19% Increase YoY"

Hunezion announced on the 8th that its consolidated sales last year reached 36.14042 billion KRW, marking a 19% increase compared to the previous year and achieving the highest sales ever.

Operating profit and net income were 4.59761 billion KRW and 6.74604 billion KRW respectively, increasing by 35% and 235% compared to the previous year. Last year's sales and operating profit are the highest on record.

Additionally, it recorded a 55% market share in the network linkage market last year, securing first place for nine consecutive years (based on procurement details of specific items from the Public Procurement Service Open Information Portal).

Hunezion explained that by participating in projects such as the Gyeonggi-do Intelligent Transportation System (ITS) advancement project, sales of the unidirectional network linkage solution ‘i-oneNet DD’ more than doubled compared to the previous year, significantly contributing to the increase in sales.

Meanwhile, the company decided on a cash dividend of 40 KRW per common share, marking six consecutive years of dividend payments since its listing in 2018. It is also actively engaging in share buybacks and implementing various shareholder return policies to enhance shareholder value.

CEO Jeong Dong-seop said, “Despite the challenging business environment, the dedicated efforts of employees and partner companies to increase sales seem to have led to good results,” adding, “This year, together with our family companies O2ones and SecureSystems, we will also stand out in the fields of AI, cloud, and OT security.”