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AI & Enterprise
Hancom With brings Hancom into consolidated subsidiary group; Q3 operating profit 9.4 billion won
Hancom With, which serves as the holding company of the Hancom Group, brought Hancom into its consolidated subsidiaries and reported third-quarter consolidated sales of 128.8 billion won and operating profit of 9.4 billion won, for a margin of 7.3 percent. Operating profit rose about sixfold from a year earlier. Revenue fell 14.4 percent, which the company attributed to reduced physical gold distribution at its unit Hancom Gold Exchange amid an international gold price adjustment.
Industry
Kia sets August U.S. sales record, targets EV mainstreaming with EV3 under $30,000
Kia recorded its best-ever August sales in the United States, selling 83,793 vehicles, up 1 percent from a year earlier. Several models set monthly records, while hybrid and electrified-vehicle sales hit August highs. Pure EV sales were mixed, with EV6 and EV9 down in August. Kia is launching the 2027 EV3 small electric SUV from $29,890, excluding a $1,495 delivery fee, in multiple trims with NACS charging ports.
AI & Enterprise
Hancom Lifecare posts Q2 revenue of 55.1 billion won, operating profit of 7.6 billion won
Hancom Lifecare said on Thursday it posted preliminary consolidated second-quarter revenue of about 55.1 billion won and operating profit of about 7.6 billion won. Net profit was about 6.8 billion won. Revenue rose 103 percent from a year earlier and operating profit climbed 168 percent. Operating margin was 13.8 percent. The company said growth in both defence and fire-safety businesses supported results.