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Kumho Tire Q2 Operating Profit Seen Down 19.56% YoY, Sales Up 4.99% as Plant Restarts

2026-07-19 00:09:47

Kumho Tire4.27%

According to eight Korean brokerage firms' forecasts compiled by Yonhapinfomax on July 19, Kumho Tire's second-quarter operating profit is expected to decline 19.56% year-over-year to 140.9 billion won, while sales revenue is forecast to grow 4.99% to 1.28 trillion won. The company's Gwangju plant, which resumed production after a fire halt, is contributing to the sales recovery alongside parent company Doublestar's expanded outsourcing.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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