- Kia posts file quarterly income of KRW 29.35 trillion in Q2, up 6.5% Y/y
- Q2 working revenue at KRW 2.77 trillion, down 24.1% Y/y; working revenue margin of 9.4%
- Q2 world gross sales of 814,888 items, marking highest-ever quarterly gross sales, up 2.5% Y/y
- Sturdy HEV demand led to a 14% improve in electrified mannequin gross sales to 185,000 items
- Kia to maintain world gross sales momentum with full EV lineup, new HEV fashions and entry into new segments
Kia Company at this time introduced its 2025 second-quarter enterprise outcomes.
The corporate recorded its highest-ever quarterly income of KRW 29.35 trillion within the second quarter, rising 6.5 % 12 months on 12 months. Sturdy gross sales of hybrid fashions in world markets, increased common promoting worth (ASP), and favorable alternate charges helped assist the outcomes.
Working revenue for the interval declined 24.1 % from a 12 months earlier to KRW 2.77 trillion amid increased incentives and the affect of the worldwide commerce atmosphere. The working revenue margin stood at 9.4 %, the very best amongst main world automakers.
The corporate recorded a internet revenue together with non-controlling curiosityof KRW 2.27 trillion, down 23.3 % in contrast with the identical interval final 12 months.
Kia offered 814,888 autos globally within the second quarter of 2025, marking a 2.5 % improve 12 months on 12 months and setting a brand new quarterly gross sales file.
Sturdy gross sales of hybrid fashions in addition to Kia’s new fashions boosted the second-quarter gross sales.
The Carnival Hybrid MPV and K4 sedan confirmed sturdy gross sales in North America, whereas new fashions such because the EV4 full-electric sedan and the Tasman pickup drove gross sales in Korea.
In India, the launch of the Syros SUV propelled gross sales, with different markets such because the Center East and Africa additionally logging development. Whereas the EV3 compact electrical mannequin was properly obtained by clients, gross sales in Europe edged down in keeping with the industry-wide demand decline and the latent demand of Sportage SUV forward of the revealing of the PE mannequin within the third quarter.
Gross sales of electrified autos
Within the second quarter of 2025, Kia recorded world retail gross sales of 185,000 electrified autos (xEVs), together with hybrid (HEV), plug-in hybrid (PHEV), and battery-electric autos (BEVs), representing a 14 % improve from a 12 months earlier. Electrified autos accounted for 23.4 % of Kia’s world gross sales within the interval, in contrast with 21.4 % a 12 months earlier than.
Gross sales of hybrid fashions jumped 23.9 % 12 months over 12 months to 111,000 items, main the general gross sales development of the corporate’s electrified fashions up to now quarter. Gross sales of BEVs elevated 8.3 % to 59,000 items whereas plug-in hybrid gross sales stood at 16,000 items, down 16.8 % from a 12 months in the past.
Outlook and plans
In 2025, Kia anticipates that world market uncertainties will persist. The corporate will proceed to reply to market conditions flexibly, sustaining applicable stock ranges and demand-based manufacturing, whereas implementing incentive methods centered on profitability and buyer worth.
Within the Korean market, Kia goals to proceed increasing gross sales via hybrid fashions, together with the hybrid variations of Sportage and Sorento SUVs, in addition to the Carnival MPV. The corporate can also be dedicated to sustaining gross sales momentum by increasing its EV lineup with the upcoming launch of the EV5 and PV5 within the second half.
Kia will reply flexibly to market demand and commerce atmosphere adjustments via its environment friendly manufacturing system within the US. The corporate can even concentrate on enhancing profitability by rising the provision of hybrid fashions of its Sportage and Sorento SUVs, and Carnival MPV.
In Europe, Kia plans to strengthen its management in electrification with the upcoming launch of the EV4, a full-electric sedan, within the third quarter. The corporate can also be aiming to develop the gross sales of its EV3, EV5, and PV5 fashions. Kia will introduce its first full-electric, made-in-India Carens Clavis EV this month and bolster its seller community to strengthen clients’ buying experiences in India.
Kia stays dedicated to finishing its full EV lineup by 2026, together with the EV4, EV5, and EV2. The corporate will proceed increasing its world presence by providing extra hybrid fashions and getting into new segments with autos such because the hybrid fashions of Telluride and Seltos SUVs, alongside new PBVs and pickups.
(Income / Working Revenue / Web Revenue unit: Billion KRW)
2025 Q2 |
2024 Q2 |
Y/y Change |
||
Car gross sales (Items) |
814,888 |
795,183 |
2.5% |
|
Korea |
142,535 |
138,150 |
3.2% |
|
Exterior of Korea |
672,353 |
657,033 |
2.3% |
|
Income |
29,349.6 |
27,567.9 |
6.5% |
|
Working revenue |
2,764.8 |
3,643.7 |
△24.1% |
|
Web revenue |
2,268.2 |
2,956.6 |
△23.3% |
* Web Revenue consists of non-controlling curiosity
* Beneath Ok-IFRS
Notes:
A. The above outcomes are tentative consolidated enterprise outcomes beneath “Korean Worldwide Monetary Reporting Requirements (Ok-IFRS)”
B. The above outcomes are preliminary and unaudited. Figures are topic to vary after official audit
C. The above gross sales volumes are based mostly on wholesales until in any other case specified
D. The electrified car retail gross sales determine is rounded as much as the closest hundred
E. For additional data, please seek advice from the corporate web site – (hyperlink)
F. Presentation materials is out there for obtain on the Firm IR web site – (hyperlink)