Hyundai Glovis stock falls 3 percent as Q2 revenue rises

Hyundai Glovis stock fell 3.00 percent to KRW 196,900 on the KRX on September 23, 2026. The price stood 33.5 percent below its 52-week high of KRW 296,000, while second-quarter revenue advanced 15.8 percent year over year to KRW 8.71 trillion, according to ATS View.

Revenue growth meets weaker shares

The Q2 result shows a clear contrast between operating growth and the latest market snapshot. Hyundai Glovis generated KRW 495.1 billion in operating profit and KRW 369.2 billion in net income during Q2 2026, according to ATS View.

Revenue also increased from KRW 7.81 trillion in Q1 2026 to KRW 8.71 trillion in Q2, a sequential gain of 11.4 percent. Operating profit moved in the opposite direction, from KRW 521.5 billion to KRW 495.1 billion, a decline of 5.1 percent, making margin development more important than sales growth alone.

Automation expands the operating scope

On September 17, 2026, Hyundai Glovis announced a memorandum of understanding covering smart-building logistics automation and robot delivery services, as ChosunBiz reported. The initiative broadens the companys logistics offering beyond conventional freight handling and adds a technology component to its growth profile.

For investors, the Q2 numbers point to a mixed operating signal. Revenue growth of 15.8 percent was strong, but the 5.1 percent sequential decline in operating profit indicates that cost control and business mix remain central to the earnings picture.

Stock remains below yearly high

Hyundai Glovis had a market capitalization of KRW 14.7675 trillion as of September 23, 2026. Its 52-week trading range was KRW 156,100 to KRW 296,000, placing the latest price closer to the lower end than the yearly peak.