Seoul: Hankook and Company Co., the holding entity of South Korean tire manufacturer Hankook Tire and Technology, announced a slight decrease in its 2025 net income. The company's net profit stood at 349.9 billion won (US$238.7 million), marking a 0.2 percent decline compared to the previous year. This information was disclosed on Thursday as part of the company's annual financial reporting.

According to Yonhap News Agency, the company's operating income for 2025 experienced a 0.9 percent year-on-year decline, amounting to 414.5 billion won. Despite the decrease in net and operating income, Hankook and Company reported a 5 percent increase in its annual revenue, which reached 1.46 trillion won. The financial results were submitted to regulatory authorities as part of the company's routine filing requirements.