Securing Both Profit and Growth... Busan Port Authority Achieves 22 Consecutive Years of Surplus

Operating profit rises 10.33% year-on-year

Busan Port Authority achieved increases in both revenue and operating profit last year, continuing its streak of 22 consecutive years of surplus management.

On March 9, Busan Port Authority announced that for the 2025 fiscal year, it recorded revenue of 404.9 billion won, operating profit of 141.7 billion won, and net profit of 43.9 billion won.

Compared to the previous year, revenue increased by 25.4 billion won (6.68%) and operating profit by 13.3 billion won (10.33%), respectively. Total assets also grew by 409.7 billion won (5.09%), securing both profitability and growth.

The improved performance was attributed to an increase in rental income from port facilities in Busan Port, reduced interest expenses through strategic fundraising, and company-wide efforts to cut general administrative expenses.

Song Sangkeun, President of Busan Port Authority, stated, "We achieved meaningful results despite ongoing external uncertainties such as geopolitical risks and the strengthening of protectionism."

He also emphasized, "Based on a sound financial structure, we will promote the transformation of Busan Port using artificial intelligence and the establishment of an eco-friendly port to further enhance global competitiveness."

Busan Port Authority

This content was produced with the assistance of AI translation services.