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Korean Tire & Technology Posts Record Q2 Revenue of 5.64 Trillion Won, Operating Profit Up 49.23%

2026-07-19 00:09:57

According to Yonhap Infomax's consensus of six securities firms, Korean Tire & Technology is forecast to post record second-quarter revenue of 5.64 trillion Korean won and operating profit of 527.7 billion won, up 49.23% year-over-year. The company's thermal management system unit, acquired last year, and robust all-weather tire sales drove growth, while improved pricing power offset rising raw material costs. Operating profit is expected to maintain above 500 billion won for a fourth consecutive quarter.

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