Seoul: Hankook Tire and Technology Co., South Korea's leading tiremaker, on Wednesday reported a 2025 net profit of 988.1 billion won (US$680.6 million), marking a 12.6 percent decrease from the previous year. The announcement was made through a regulatory filing by the company.

According to Yonhap News Agency, despite the decline in net income, Hankook Tire and Technology experienced a rise in operating income, which increased by 4.6 percent on-year to reach 1.84 trillion won. The company also saw a substantial growth in annual sales, which surged by 125.3 percent, totaling 21.2 trillion won.

The figures reflect a mixed financial performance for the company, with notable increases in sales and operating income countered by a decrease in net profit.