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CJ Logistics Announces Preliminary Financial Results for Q2 2026

000120
OpenDART · Aug 11, 03:02 AMView original ↗
CJ Logistics (stock code 000120) announced its preliminary operating results for the second quarter of 2026 (April 1, 2026 to June 30, 2026), based on consolidated financial statements, on August 11, 2026. The company's revenue for the second quarter was 3.38 trillion won, a 5.1% increase compared to the previous quarter (3.2145 trillion won) and a 10.9% increase compared to the same period last year (3.484 trillion won). While revenue growth continued, profitability indicators deteriorated. Operating profit reached 101.6 billion won, a 10.3% increase compared to the previous quarter (92.1 billion won), but an 11.9% decrease compared to the same period last year (115.2 billion won). Profit before income tax from continuing operations was 46.5 billion won, a 16.2% decrease compared to the previous quarter and a 36.2% decrease compared to the same period last year. Net profit for the period was 36.8 billion won, a 36.8% decrease compared to the same period last year (58.2 billion won), and net profit attributable to the parent company's shareholders was 34.6 billion won, a 34.1% decrease compared to the same period last year (52.5 billion won). For the first half of the year, the company recorded revenue of 6.5945 trillion won (a +9.2% increase compared to the same period last year), operating profit of 193.7 billion won (a -3.5% decrease compared to the same period last year), profit before income tax from continuing operations of 101.9 billion won (a -18.9% decrease compared to the same period last year), net profit for the period of 74.7 billion won (a -24.7% decrease compared to the same period last year), and net profit attributable to the parent company's shareholders of 69.3 billion won (a -21.7% decrease compared to the same period last year). Despite the revenue growth, the decline in profits has been evident throughout the first half of the year, suggesting continued pressure on profitability due to changes in cost structure or business mix. This announcement specifies that the figures are preliminary and based on consolidated results prepared in accordance with K-IFRS (Korean-IFRS), and that they have not yet been reviewed by an external auditor, meaning that the figures may be subject to change. The CJ Logistics IR team plans to hold a conference call at 10:00 AM on August 11, 2026, to provide an explanation of the results to institutional investors and analysts.
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