1. What Happened? THN’s Q2 2025 Earnings Breakdown

THN recorded sales of KRW 252.5 billion, operating profit of KRW 20.7 billion, and net income of KRW 18.6 billion in Q2 2025. This represents a 48.2% increase in sales and a remarkable 508.8% surge in operating profit compared to Q1. These positive figures exceeded market expectations and are likely to act as momentum for stock price increases.

2. Why These Results? Analyzing the Drivers of Change

This improvement is attributed to the strengthening of business competitiveness through the acquisition of the wiring harness business unit and increased investment in R&D related to electric vehicles and autonomous driving. However, total sales for the first half of the year decreased by 35.0% year-on-year, and negative factors such as increased inventories and intensifying market competition still persist.

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

The rebound in Q2 earnings is positive, but the overall uncertainty in the automotive industry must be considered. Continuous monitoring is needed to see if efforts to secure a position in the future mobility market and improve business efficiency will lead to tangible results. While there is potential for short-term stock price gains, considering investment from a mid- to long-term perspective is advisable.

4. What Should Investors Do? Action Plan

  • Continuously monitor THN’s growth potential and competitiveness in the future mobility business.
  • It is crucial to understand the overall economic trends of the automotive industry and competitor dynamics.
  • Keep an eye on changes in financial soundness indicators and pay attention to risk management.