Hancom Q2 Operating Profit Down 12.6%... Accelerates Agentic OS Commercialization This Year
Second Quarter Operating Profit: 14.3 Billion Won
Revenue Up 38.8% Year-on-Year to 120 Billion Won
Hancom saw a decrease in its operating profit in the second quarter as it reorganized its business focus around artificial intelligence (AI). The company plans to commercialize its agentic operating system (OS) within this year to further expand its AI business.
On July 30, Hancom announced in a regulatory filing that, on a consolidated basis, its operating profit in the second quarter of this year provisionally stood at 14.3 billion won, down 12.6% from the same period last year. Revenue reached 120 billion won, up 38.8% year-on-year. Net profit was 24.1 billion won, a 60.1% increase.
The decline in operating profit this quarter is seen as a result of increased investment in new AI businesses. A Hancom official explained regarding the operating profit, "Investment costs were incurred for new businesses such as AI solutions, including the agentic OS."
Sales increased by nearly 40% compared to the same period last year thanks to strong sales of AI products. As of the end of June, cumulative AI product sales reached 13.5 billion won, exceeding last year's total AI revenue of 8.9 billion won. Hancom stated, "Key customer groups, including central government ministries, city and provincial education offices, and businesses—a total of 200,000 organizations—are using AI package products and solutions."
Among Hancom’s business-to-business (B2B) clients, the proportion that has switched to AI package products increased from 4.2% at the end of March to 6.2% at the end of June.
Hancom plans to launch the beta version and the commercial version of its agentic OS consecutively in the fourth quarter. The agentic OS is a platform for creating, deploying, and managing AI agents distributed across customer environments. Starting next year, the company will begin commercial operations, targeting both the domestic and European markets.
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Yeonsoo Kim, CEO of Hancom, said, "This year, we will set a milestone with the commercialization of the agentic OS and strive to evolve into a global AI company focusing on the domestic and European markets."
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