'Semiconductor Boom' Lifts HMNEX, Operating Profit Soars 644%

HMNEX has achieved an earnings surprise, recording steep growth.

On the 11th, HMNEX announced through a sales fluctuation disclosure that its consolidated operating profit for the previous year reached 2,367,140,000 won, an increase of 644% compared to the previous year. During the same period, revenue rose by 109% to 31,770,370,000 won, while net profit also increased by 98% to 10,910,330,000 won.

This earnings surprise is attributed to the inclusion of SMI's consolidated earnings, as well as an increase in HMNEX's automotive LED sales and improved profitability.

SMI led the improvement in the parent company's performance as sales of its next-generation semiconductor core component, the "optical temperature sensor"—the first to be localized in Korea—began in earnest. Notably, SMI recently proved its technological capabilities by successfully passing the final quality test at the Micron Singapore plant, a global semiconductor company.

The related industry is paying close attention to HMNEX’s diversification of global clients and performance, which is expected to gain full momentum this year. SMI is reportedly conducting additional quality tests with major global semiconductor companies, starting with Micron Singapore.

This content was produced with the assistance of AI translation services.