[Market Focus] Hankem Hits Record Highs with Balanced Growth in OLED, Catalysts, Pharmaceuticals, and Semiconductors

Hankem is showing strong performance. This is believed to be due to news that the company achieved record-breaking results, with balanced growth across all business divisions.

As of 1:52 p.m. on August 13, Hankem was trading at 9,670 won, up 3.98% from the previous day.

On this day, Hankem announced that its sales for the second quarter of this year reached 10.96 billion won, a 19.7% increase compared to the same period last year. This marks the highest quarterly sales in the company's history, representing an approximately 38% increase from the previous quarter. During the same period, operating profit rose by 25.3% year-on-year to 2.02 billion won, and net profit increased by 28% to 1.73 billion won, demonstrating both profitability and growth.

On a cumulative half-year basis, Hankem posted sales of 18.9 billion won in the first half, up 4.5% from the same period last year. Operating profit and net profit also reached record highs in all areas, rising 6.1% to 3.32 billion won and 13.2% to 2.99 billion won, respectively.

By business segment, the OLED division posted cumulative sales of 15.66 billion won through the second quarter, up 34.7% from the previous quarter. Other materials divisions, including catalysts, pharmaceuticals, semiconductors, and defense, recorded cumulative sales of 3.13 billion won, up 57% from the previous quarter, driving the company's record-breaking performance.