Korea Paper announced on August 14 that its operating profit for the second quarter reached 4.7 billion won, a 131.9% increase compared to the same period last year. During the same timeframe, sales rose by 14.8% to 220.4 billion won.
For the first half of the year, cumulative sales totaled 419.3 billion won, with operating profit at 9.2 billion won, marking increases of 7.2% and 49.3%, respectively.
The company attributed these results to a recovery in the printing paper sector and a return to profitability in the packaging division. A focus on profitability, improved price competitiveness in key markets, and enhanced internal operational efficiency also contributed to the positive outcomes.
A representative from Korea Paper stated, "Despite ongoing global uncertainties, we quickly responded to market demands through on-site sales initiatives and process innovations, including customer seminars."
Looking ahead to the second half of the year, the company plans to strengthen its market strategy by focusing on high-value products, including eco-friendly packaging materials 'Green Shield' and 'G-Flex,' as well as premium pulp-based packaging paper 'Case Beauty.'
The representative added, "We will continue to expand our product range in the packaging sector and enhance our service competitiveness to maintain sales growth, while also solidifying our long-term growth foundation through the development of eco-friendly and high-performance materials like nanocellulose."
* This article has been translated by AI.
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