Hyungji Global corporate identity [Hyungji Global]
Hyungji Global corporate identity [Hyungji Global]

Hyungji Global announced Tuesday that its preliminary operating profit for the first half of this year (January–June) reached 1.5 billion won ($973,000), up 900 million won from the same period a year earlier.

June was the primary driver of the improvement. The company posted 850 million won in operating profit for the month alone, accounting for roughly 57 percent of the total first-half figure.

Hyungji Global attributed the earnings improvement to its push to expand sales channels and streamline operations around profitability. The company broadened its wholesale supply to overseas buyers, local retailers and outlet stores beyond its existing agency network, increasing the share of wholesale in its overall sales mix. It also strengthened direct sales channels, including online platforms and home shopping.

Hyungji Global said it plans to maintain its channel expansion and profitability-focused management approach in the second half of the year, while also accelerating its push into overseas markets.


siuu@heraldcorp.com