Kia Pronounces 2025 Second Quarter Enterprise Outcomes

• Kia posts document 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 international 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 international gross sales momentum with full EV lineup, new HEV fashions and entry into new segments

Kia Company right this moment 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 p.c 12 months on 12 months. Strong gross sales of hybrid fashions in international markets, increased common promoting worth (ASP), and favorable trade charges helped assist the outcomes.

Working revenue for the interval declined 24.1 p.c from a 12 months earlier to KRW 2.77 trillion amid increased incentives and the affect of the worldwide commerce surroundings. The working revenue margin stood at 9.4 p.c, the very best amongst main international automakers.

The corporate recorded a internet revenue together with non-controlling curiosityof KRW 2.27 trillion, down 23.3 p.c 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 p.c improve 12 months on 12 months and setting a brand new quarterly gross sales document.

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 progress. Whereas the EV3 compact electrical mannequin was effectively acquired 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 disclosing of the PE mannequin within the third quarter.

Gross sales of electrified autos

Within the second quarter of 2025, Kia recorded international 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 p.c improve from a 12 months earlier. Electrified autos accounted for 23.4 p.c of Kia’s international gross sales within the interval, in contrast with 21.4 p.c a 12 months earlier than.

Gross sales of hybrid fashions jumped 23.9 p.c 12 months over 12 months to 111,000 items, main the general gross sales progress of the corporate’s electrified fashions prior to now quarter. Gross sales of BEVs elevated 8.3 p.c to 59,000 items whereas plug-in hybrid gross sales stood at 16,000 items, down 16.8 p.c from a 12 months in the past.

Outlook and plans

In 2025, Kia anticipates that international market uncertainties will persist. The corporate will proceed to reply to market conditions flexibly, sustaining acceptable 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 by hybrid fashions, together with the hybrid variations of Sportage and Sorento SUVs, in addition to the Carnival MPV. The corporate can 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 surroundings modifications by its environment friendly manufacturing system within the US. The corporate will even give attention to 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 be aiming to increase 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 vendor 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 international 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 / Internet Revenue unit: Billion KRW)

* Internet Revenue contains non-controlling curiosity
* Beneath Okay-IFRS

Notes:
A. The above outcomes are tentative consolidated enterprise outcomes underneath “Korean Worldwide Monetary Reporting Requirements (Okay-IFRS)”
B. The above outcomes are preliminary and unaudited. Figures are topic to alter after official audit
C. The above gross sales volumes are primarily based 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 info, please check with the corporate web site – (hyperlink)
F. Presentation materials is offered for obtain on the Firm IR web site – (hyperlink)