1. Kyung Nong’s H1 2025 Performance: Harmony of Core Business and New Growth Engine

Kyung Nong achieved consolidated revenue of KRW 114.2 billion, operating profit of KRW 14.4 billion, and net income of KRW 11.5 billion in the first half of 2025. While revenue increased slightly year-over-year, operating profit improved significantly, demonstrating enhanced profitability.

2. Smart Farms: Kyung Nong’s New Growth Engine

Kyung Nong’s smart farm business has been steadily growing since its launch in 2022, generating substantial revenue. The growth of the global smart agriculture market and government support policies provide a positive environment for Kyung Nong’s smart farm business. This shows Kyung Nong’s vision to leap beyond a simple agricultural materials company to become a leader in future agriculture.

3. Positive Factors and Investment Considerations

  • Positive Factors: Cost efficiency, smart farm business growth, strengthened financial soundness, improved performance of subsidiary JOBI.
  • Considerations: Exchange rate and interest rate volatility, intensified market competition, dependence on Nonghyup.

Investors should consider these factors comprehensively when developing their investment strategies. In particular, it is necessary to monitor changes in the macroeconomic environment and market competition.

4. Action Plan for Investors

Kyung Nong’s future stock price is expected to be affected by the specific performance of the smart farm business, information disclosure through IR activities, and changes in the macroeconomic environment. Investors should continuously monitor these factors and make investment decisions.