Hyundai Mobis boosts first half revenue to 31.9 trillion won
The automotive parts maker saw consolidated operating profit rise 8% to 1.78 trillion won in the first half of 2026.
The automotive parts maker, Hyundai Mobis, reported consolidated revenue of 31.89 trillion won and operating profit of 1.78 trillion won for the first half of 2026. This represents a year-on-year increase of 3.9% in revenue and 8% in operating profit.
Growth was distributed across both primary business segments. Revenue from the module and parts manufacturing division reached 24.94 trillion won, a 3.5% increase from the first half of 2025, which the company attributed to higher sales of high-value-added electronics products. Meanwhile, the A/S parts business generated 6.95 trillion won in revenue, rising 5.2% year-on-year due to sustained global demand.
Manufacturing remains the dominant revenue driver, accounting for 78.2% of total sales in the first half of 2026,. The A/S parts segment contributed the remaining 21.8%,. To support this volume, the company manages 2.77 million items across 212 vehicle models through a large-scale infrastructure of logistics centers.
Technical expansion focused on software-defined vehicles and electrification. The company developed a vehicle computer for zonal architecture to secure a platform for software-defined vehicles. It also worked on an electro-mechanical brake system with a mass production goal of 2028 to enhance competitiveness for global original equipment manufacturers. Other developments included a high-resolution headlamp system using HD micro LED technology and a generative AI-based image translation model to improve image recognition verification,.
Financial obligations shifted toward shorter-term maturities. Total contractual cash flows for financial liabilities were 17.1 trillion won at the end of the current period, with 12.22 trillion won due within one year. This is an increase from the end of the previous period, where total contractual cash flows were 13.42 trillion won and 10.47 trillion won were due within one year.
Strategic investments continue in global production and R&D. The company recently opened a new integrated R&D center in India and established an additional software research hub in Bengaluru. It also began operations at an electrification plant in Hungary and signed an investment agreement with the Slovakian government to build a new electrification factory.