Seoul, Korea / Neu-Isenburg, Germany, 07 November 2025 – Premium tyre manufacturer Hankook announced its consolidated global financial results for the third quarter of 2025, reporting revenue of KRW 5.4127 trillion (~3,342.7 Mio. EUR) and operating profit of KRW 585.9 billion (~361.8 Mio. EUR).

In the tyre business, sales reached KRW 2.7070 trillion (EUR ~ 1,671.7m), up 11.2 percent year-over-year, while operating profit rose 10.4 percent to KRW 519.2 billion (EUR ~ 320.6m), marking the highest quarterly performance in the company’s history. The increase in sales was driven by stronger demand for both replacement and original equipment (OE) tyres in global markets, along with an increased proportion of high-inch tyre sales. Declines in raw material and logistics costs partially offset the impact of U.S. automotive parts tariffs, supporting overall operating profit.

In the thermal management segment, Hanon Systems – consolidated as a subsidiary of Hankook Tire from the first quarter of this year – posted revenue of KRW 2.7057 trillion (EUR ~ 1,670.9m), up 8.2 percent year-over-year, while operating profit rose 1.7 percent from a year earlier and 48.2 percent quarter-over-quarter to KRW 95.3 billion (EUR ~ 58.8m).

In the third quarter, 18-inch and larger tyres accounted for 47.4 percent of total Passenger Car and Light Truck (PCLT) tyre sales, up 2.6 percentage points year-over-year. During the same period, electric vehicle (EV) tyres represented 27 percent of PCLT tyre sales, an increase of 7 percentage points from the same period last year.

In the third quarter, Hankook further expanded its supply of OE tyres for leading premium EV models, leveraging its industry-leading EV tyre technology. This included fitments for the BMW iX, i4, and X3 as well as Porsche Macan and Xiaomi YU7. Hankook now supplies tyres to approximately 50 global automotive brands across more than 290 vehicle models, underscoring its top-tier technological capabilities.

At the WhatTyre Awards, hosted by UK’s leading tyre media outlet, Hankook’s world-first full-lineup EV tyre brand, iON, and its flagship Ventus line, were named Electric Car Tyre of the Year’ and Performance Tyre of the Year, respectively. These achievements further highlight the company’s innovative technology and leadership in the global tyre market.

Hankook also continues to elevate the high-end presence of its unified global brand ‘Hankook’ through its role as the official tyre supplier and team sponsor in more than 70 global motorsport competitions, including the FIA World Rally Championship (WRC), ABB FIA Formula E World Championship, and the Lamborghini Super Trofeo. Data and insights gained from these events are applied to strengthen the company’s ultra-high-performance (UHP) tyre technologies.

Hankook Tire & Technology (Hankook Tire): Consolidated Financial Results for Q3 2025

Hanon Systems: Consolidated Financial Result for Q3 2025

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(NOTE: Average exchange rates for the given annual period were retrieved from Korea Exchange Bank)