On the 14th, Huvis (CEO Kim, Suk Hyun, 079980), specializing in chemical and fiber materials, announced its Q3 2025 performance, reporting revenue of KRW 210.2 billion, an operating profit of KRW 1 billion, and a net loss of KRW 3.2 billion (on a consolidated basis).

Compared to the same period last year (Q3 2024), consolidated sales decreased by 11.1%, but operating profit and net profit improved by KRW 7.8 billion and KRW 17.9 billion, respectively. Compared to the previous quarter (Q2 2025), sales decreased by 6.4%, and operating profit decreased by 58.8%.

A Huvis official stated, “Sales temporarily decreased due to continued buyer caution stemming from the delay in the U.S. mutual tariff agreement and intensified low-price competition caused by weak domestic demand in China. However, operating profit remained profitable for the third consecutive quarter through expanded sales of high-performance, eco-friendly, differentiated materials and operational optimization.” Since becoming profitable in 2025, Huvis has recorded a cumulative operating profit of KRW 9.8 billion and a cumulative net profit of KRW 9.1 billion over the past three quarters.

The official added, “With the U.S. mutual tariff agreement resolved and tariff uncertainties alleviated, demand in our key European market is recovering. We expect further improvements in sales and profitability in the fourth quarter.”

Furthermore, Huvis is pursuing financial restructuring using liquidity secured through the sale of non-operating assets. The company plans to continuously improve profitability by enhancing cost competitiveness and optimizing asset management. (The End)