NI Steel, 2026 Second Quarter Sales of 762 Billion Won…20.99% Increase Over the Same Period Last Year

NI Steel (008260), a steel manufacturing and sales company, reported second-quarter 2026 sales of 762.43 billion won, a 20.99% increase compared to the same period in 2025. Under the company's separate financial statements, operating profit rose to 78.38 billion won from 75.22 billion won, while net income decreased to 48.53 billion won from 51.42 billion won. Provisional figures based on K-IFRS showed earnings before tax and interest of 64.88 billion won. First-half cumulative results (January-June 2026) showed sales of 1.32866 trillion won, operating profit of 143.37 billion won, and net income of 86.99 billion won, representing 13.65% higher sales, 0.89% higher operating profit, and 4.04% lower net income compared to the same period in 2025. The provisional figures note that external audit completion is pending and final figures may differ. As of December 2025 financial statements, NI Steel's total assets stood at 515.9 billion won, liabilities at 245.6 billion won, and equity at 270.3 billion won. Sales for 2025 were 247.9 billion won, with operating profit of 30.1 billion won and net income of 19.0 billion won. Listed on KOSPI since June 28, 1975, NI Steel operates in the primary steel manufacturing sector. As of July 27, 2026, its stock price was 3,190 won, up 75 won (+2.41%) from the previous day.