Clean Country announced on August 14 that its operating profit for the second quarter reached 620 million won, marking a turnaround from a loss during the same period last year. Revenue for the quarter was 136.31 billion won, a 10.3% increase compared to the previous year.
Profitability indicators also showed improvement. The gross profit for the second quarter was 22.26 billion won, up 45.0% from a year earlier, while the gross profit margin rose from 12.4% to 16.3%, an increase of 3.9 percentage points.
For the first half of the year, consolidated revenue was 261.36 billion won, a 2.8% increase, and operating losses decreased by 6.7 billion won to 3.35 billion won.
Clean Country attributed these results to visible outcomes from ongoing restructuring efforts that began last year. The company has proactively responded to fluctuations in raw material prices and reduced manufacturing costs through improved productivity. It has also enhanced manufacturing efficiency by reducing power consumption and expanding process automation, while continuously optimizing inventory management and marketing activities to improve its cost structure.
Encouraged by these results, Clean Country plans to strengthen its profitability improvement efforts in the second half of the year. The company aims to continue enhancing cost competitiveness and operational efficiency while focusing on high-value products and growth channels to strengthen its business portfolio.
A Clean Country representative stated, "We will continue to enhance cost competitiveness and productivity in the second half, focusing on high-value products and growth markets to maintain the trend of improving profitability."
* This article has been translated by AI.
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