Hankook Tire & Technology stock highlights 58.1 percent profit growth

Published on 10/07/2026 at 06:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hankook Tire & Technology reported KRW 5.68 trillion in Q2 revenue on August 12, 2026, while operating profit rose 58.1 percent year over year. The stock traded at KRW 60,200 on October 7, 2026, below its KRW 78,400 yearly high.

Hankook, KR7161390000, Illustration mit AI erstellt.

Hankook Tire & Technology stock (ISIN KR7161390000) was trading at KRW 60,200 on the Korea Exchange on October 7, 2026 at 1:37 p.m. KST, down 0.33 percent from the prior close. The market is weighing a sharp improvement in quarterly operating profit against a share price that remains KRW 18,200 below its 52-week high of KRW 78,400.

Quarterly profit rises sharply

LightSource reported that Hankook Tire & Technology generated KRW 5.68 trillion in consolidated revenue in Q2 2026, an increase of 5.8 percent from the prior year. Operating profit reached KRW 559.1 billion, up 58.1 percent year over year, while the operating margin was 9.8 percent.

The tire division supplied the clearest operating signal. Its Q2 revenue reached KRW 2.81 trillion, a quarterly sales record, and the division's operating profit was KRW 483.2 billion with a 17.2 percent margin, according to the same Q2 2026 overview from LightSource.

Consensus stays above the market

Analyst expectations remain materially higher than the October 7 quotation. StockHub listed 10 Buy ratings, 0 Hold ratings and 0 Sell ratings as of September 2, 2026, with an average target of KRW 90,800, a high of KRW 120,000 and a low of KRW 79,000. The average target lies 50.8 percent above the KRW 60,200 market price.

That gap places execution at the center of the investment case. The Q2 figures show operating leverage, but the stock still trades 23.2 percent below its 52-week high, leaving the market to judge whether stronger tire profitability can persist through the rest of 2026.

Racing partnership expands reach

Hankook also announced a five-year partnership with Racing America on September 29, 2026. According to Hankook Tire, the company will exclusively supply racing tires and provide technical support across four major racing series from 2027 through 2031.

Stock trades below yearly high

Hankook Tire & Technology was trading at KRW 60,200 on KRX on October 7, 2026 at 1:37 p.m. KST, with a market capitalization of KRW 7.3 trillion and volume of 90,623 shares. Its 52-week range was KRW 35,950 to KRW 78,400.