1. Q2 2025 Earnings: Key Highlights

Hanjin Logistics reported revenue of ₩178 billion, operating profit of ₩6.4 billion, and net income of ₩7.3 billion for the first half of 2025. While operating profit and net income exceeded market expectations, revenue fell short of projections.

2. Decoding the Results: What Drove the Performance?

2.1 External Factors:

  • External factors like volatility in sea and air freight rates, geopolitical risks, increased inventory from China, and US-China tariff issues contributed to the revenue shortfall.

2.2 Internal Factors:

  • Effective cost management efforts enabled the company to outperform market expectations for operating profit and net income.

3. Outlook and Investment Strategies: What’s Next?

3.1 Positive Factors:

  • Two consecutive quarters of profitability, operating profit and net income beat market expectations.

3.2 Negative Factors:

  • Continued revenue weakness, dependence on major clients.

3.3 Investment Strategies:

  • Investors should monitor continued profit growth trends, cost management efficiency, strategies for managing exchange rate and oil price volatility, and potential new business expansions.