Hancomwith announced on the 18th that its sales in the first half of this year reached 346.6 billion won, and its operating profit was 2.5 billion won. This marks an increase of 64.6% and 749.9%, respectively, compared to the same period last year. This is the highest performance in a half year. In the second quarter, sales also grew by 40.4% to 186.9 billion won compared to the previous quarter.
This remarkable performance was driven by the growth of its subsidiary, Hancom Gold Exchange. As uncertainties in the global economy have increased, interest in gold, a representative safe asset, has concentrated, leading to a surge in demand for physical gold transactions. Hancom Gold Exchange increased its sales profit along with the rise in gold prices, leading the overall performance of Hancomwith.
Hancomwith is actively advancing its digital finance business through synergies with Hancom Gold Exchange. It has entered the real-world asset (RWA) business centered around gold stablecoins in collaboration with its affiliate, Hancom InSpace. The goal is to overcome the traditional limitations of gold, such as the difficulties of physical storage and distribution opacity, through technology, enabling anyone to invest in gold easily and increase liquidity. Hancomwith plans to offer a range of financial services from stablecoin issuance through its own platform in the second half of the year, aiming to seize the rapidly growing global RWA market.
Additionally, Hancomwith is further solidifying its role as the de facto holding company of the Hancom Group, serving as a control tower to drive growth for the entire group. By continuously increasing its stake in Hancom (Hancom) in the first and second quarters of this year, it raised its equity to 26.73%, thereby strengthening its influence over the group.
Under the leadership of Hancomwith, the Hancom Group is successfully leading future key industries such as artificial intelligence (AI), data, and defense. Hancom is participating in the government's independent AI development project, and Hancom InSpace recently submitted its preliminary review request for a KOSDAQ listing and has begun the initial public offering (IPO) process. Alongside this, Hancom LIFECARE, the leading fire and safety equipment company in Korea, is expanding its business into the defense sector, securing new growth drivers.
An official from Hancomwith said, 'We will actively promote the real-world asset business in the second half of the year and accelerate the commercialization of next-generation security technologies such as quantum security.' He noted, 'Through this, we will establish technological leadership in the domains of digital finance and security, and make it a future growth driver.'