[Edaily Reporter Shin Ha-yeon ] JEONGMOON INFORMATION CO.,LTD.(033050), a company specializing in household goods and automotive interior parts, announced on the 3rd that it recorded consolidated revenue of 61.7 billion won, operating profit of 2.8 billion won, and net income of 3.5 billion won for the first half of this year. Revenue increased by 49.8% year-over-year, while operating profit rose by 97.8% and net income surged by 1,343%.

For the second quarter alone, revenue reached 30.6 billion won, a 43.1% increase compared to the same period last year. Operating profit rose 305.5% to 1.8 billion won, and net income turned to a profit of 2.0 billion won.

The company explained that the improvement in performance resulted from streamlining its existing media business and restructuring its business model to focus on household goods and automotive interior components. It also noted that the expansion of new original equipment manufacturer (OEM) supply and the stabilization of its overseas subsidiaries contributed to this growth.

JEONGMOON INFORMATION CO.,LTD. has set a consolidated revenue target of 117.5 billion won for this year and plans to continue expanding supply and pursuing profitability-focused management in the second half of the year.

The company is also taking steps to enhance shareholder value. In May, it retired 740,014 treasury shares, representing 2.27% of its issued shares, and plans to propose a resolution at the extraordinary general meeting of shareholders on September 2 to cover accumulated losses by reducing statutory reserves and capital surplus. Through these measures, the company aims to improve its financial structure and lay the groundwork for securing future distributable profits.

The company added that its CEO and related parties have been continuously purchasing treasury stock since the beginning of this year, demonstrating their commitment to responsible management.

A company official stated, “Profitability is steadily improving, driven by the stable growth of our household goods OEM business and the expansion of our U.S. subsidiary’s automotive interior parts business,” adding, “Along with this earnings growth, we will continue to pursue financial restructuring and shareholder return policies to enhance both corporate value and shareholder value.”