[Edaily Reporter Kim Hyung-il ] GH Advanced Materials Inc.(130500), a company specializing in textile-based advanced materials, announced on the 14th that it has continued its trend of improved profitability as it begins full-scale in-house production of WSS (Work Space System), its new business venture in semiconductor cleanrooms.

GH Advanced Materials Inc. reported consolidated revenue of 43,755,970,000 won, operating profit of 4,626,270,000 won, and net income of 3,876,200,000 won for the first half of this year. Revenue increased by 1.4% year-over-year, while operating profit rose by 22.2%. The operating profit margin rose from 8.8% in the first half of last year to 10.6% this year, and the net profit margin also improved from 0.7% to 8.9%.

The business unit driving this performance improvement is the Pocheon Division’s WSS. WSS is a system related to workspaces used in semiconductor factory cleanrooms; GH Advanced Materials Inc. is simultaneously pursuing sales expansion and profitability improvement this year by ramping up in-house production.

The Pocheon Business Division’s first-half revenue reached 7,186,590,000 won, a 25.3% increase compared to the same period last year. Operating profit rose 129.7% to 906,780,000 won, and the operating profit margin climbed from 6.9% to 12.6%. The company explained that in-house production of WSS is not only expanding the revenue scale of the related business but also improving its profitability.

Existing businesses also maintained stable performance. While sustaining the revenue base of existing businesses—primarily through the Gumi Business Division’s automotive nonwoven and textile materials operations—the company is cultivating new semiconductor cleanroom-related businesses as a new growth engine.

GH Advanced Materials Inc. official stated, “The first half of this year was a period when the results of the new growth engines we’ve secured through the development of high-value-added new materials began to materialize,” adding, “In particular, the WSS business is establishing itself as a new pillar of earnings growth as it expands based on our in-house production system.” The official continued, “We will secure a stable foundation for growth by continuing to expand revenue and improve profitability centered on WSS, while simultaneously strengthening the competitiveness of our existing businesses.”