KGM Achieves KRW 30.5 Billion Operating Profit in H1 2026... Largest Exports in 12 Years

Sales Reach 56,759 Units
Revenue Hits KRW 2.3188 Trillion

KG Mobility (hereinafter referred to as KGM) announced that for the first half of 2026, it recorded sales of 56,759 units (based on separate financial statements), revenue of KRW 2.3188 trillion, operating profit of KRW 30.5 billion, and net profit of KRW 55.1 billion.

The company posted a profit for the fourth consecutive year since 2023, driven by increased export volumes through the launch of new vehicles such as the Musso in global markets and expanded entry into new markets, alongside efforts to improve profitability and productivity.

New Torres. KGM

Revenue increased by 19.3% compared to the same period last year, while operating profit grew by 7%. Over the same period, net profit rose by 396.4%.

 

In the first half of the year, total sales reached 56,759 units, comprising 21,806 units in the domestic market and 34,953 units in exports, marking a 6.5% increase year-on-year. Notably, thanks to the highest monthly export figures in history in June, first-half exports hit their highest level in 12 years.

To further increase sales volume and expand profitability, KGM is strengthening its response not only in the growing global markets but also in the domestic market.

In the Korean market, the company launched the new KGM New Torres in May and is running the "KGM Total Care Package" program to reduce burdens for customers from purchase to maintenance while increasing customer satisfaction. KGM has also opened "3S Multi-Complex Dealerships" that provide one-stop services for both car sales and maintenance, striving to offer customers convenient and differentiated services.

For exports, since the dealer conference in Germany (where the European sales subsidiary is located) in February, KGM has ramped up its global market presence by holding test drive events in April for the Actyon Hybrid and Musso EV in Germany, launching and test driving the Musso in Türkiye, and hosting a Musso launch and test drive event in both Chile and Germany in June, among other new vehicle launches.

A KGM representative stated, "With increased sales volumes both domestically and in export markets, we have achieved a profit for four consecutive years since 2023, laying the foundation for sustainable growth. We are committed to not only maintaining the export momentum but also enhancing our domestic market response by offering convenient and differentiated services and expanding customer touchpoints, which will further increase sales volumes and profitability."

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