HLB Innovation Achieves Operating Profit Turnaround on Lead Frame Business Growth

HLB Innovation announced on March 16, 2026, that it successfully turned to profitability in both operating profit and net profit last year.

On a separate basis, HLB Innovation’s revenue last year was 32.2 billion won, up approximately 27% from the previous year. During the same period, operating profit turned positive, recording about 80 million won, while net profit reached approximately 2.9 billion won.

This improvement in performance is attributed to increased sales in the lead frame business, as well as efforts to enhance the cost structure and improve cost efficiency. HLB Innovation has promoted investment in facilities and equipment to boost production process efficiency, strengthened human resources, and expanded its customer base by securing new clients and increasing order volume. In addition, the company has continued to improve business stability and its profit structure by investing in new equipment to increase production capacity in response to higher production volumes.

In response to changing external conditions such as a recovery in the semiconductor industry and expanding demand, HLB Innovation is accelerating process automation and the advancement of production capabilities. The company is expanding its lineup of lead frame products for automotive sensors and power semiconductor modules, and its strategy for this year is to maintain both the growth trend in the semiconductor business and the improvement in financial performance.

A representative from HLB Innovation stated, “Our efforts to strengthen the competitiveness of the semiconductor lead frame business and improve management efficiency have resulted in better financial performance,” adding, “Going forward, we plan to continually increase the profitability of our existing business while establishing a stable growth foundation by securing future growth engines.”

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