Hyosung Chem, KR7298000001

Hyosung Chem stock fell 2.04 percent as Q2 profit rebounded

Published on 10/07/2026 at 00:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hyosung Chem stock stood at KRW 52,700 on October 6, 2026. Q2 revenue reached KRW 871 billion, up 41.2 percent year over year.

Hyosung Chem, KR7298000001, Illustration mit AI erstellt.
Hyosung Chem, KR7298000001, Illustration mit AI erstellt.

Hyosung Chem stock was last at KRW 52,700 on the Korea Exchange KOSPI on October 6, 2026, down 2.04 percent from the prior close. The move came as the company carried a much stronger Q2 2026 operating result than in the first quarter. According to ATS View, Q2 revenue reached KRW 871 billion, up 41.2 percent year over year.

Q2 profit marks a sharp turnaround

The Q2 operating profit was KRW 171 billion, compared with KRW 277 million in Q1 2026, while net income reached KRW 156 billion after a KRW 17.5 billion loss in Q1. The figures give Hyosung Chemical a clear earnings comparison, although the improvement comes against a weak first-quarter base.

ATS View also identifies Hyosung Chemical as a basic chemicals company listed under ticker 298000 on the KOSPI market. Its product portfolio includes polypropylene, high-purity gases, films and membrane materials, linking the earnings recovery to several industrial end markets.

Vietnam risk raises the stakes

The earnings improvement does not remove the pressure around Hyosung Chemical's Vietnamese subsidiary. A September 8, 2026 report by Seoul Economic Daily said Hyosung Vina Chemicals posted first-half revenue of KRW 675.2 billion and net profit of KRW 45.2 billion, reversing a KRW 105.1 billion loss a year earlier.

The same report said the subsidiary's accumulated losses exceeded KRW 1 trillion and that current liabilities maturing within one year exceeded current assets. Hyosung Chemical owns 51 percent of Hyosung Vina Chemicals, while the parent provides debt guarantees of KRW 861.8 billion and a long-term loan of KRW 204.2 billion.

Stock stays below its yearly high

Hyosung Chem stock traded between KRW 52,200 and KRW 54,900 on October 6, with volume of 15,579 shares. Its 52-week range was KRW 38,900 to KRW 87,500, leaving the last price KRW 34,800 below the yearly high and placing the stock closer to the lower end of that range.

Market capitalization stood at KRW 198.6 billion as of October 6, 2026. For investors, the central tension is visible in the numbers: Q2 profitability improved sharply, while the Vietnam subsidiary still carries a substantial balance-sheet burden.

Hyosung Chem stock facts

  • Company: Hyosung Chemical Corporation
  • ISIN: KR7298000001
  • Ticker: 298000
  • Trading venue: Korea Exchange KOSPI
  • Price as of October 6, 2026, 3:30 p.m. KST: KRW 52,700
  • Market capitalization: KRW 198.6 billion as of October 6, 2026
  • 52-week range: KRW 38,900-87,500 as of October 6, 2026
  • Sector / Industry: Basic Materials / Chemicals

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