Growth in Both Profitability and Exports

Kiyoung Hwang, CEO of KG Mobility (KGM), has been awarded the Bronze Tower Order of Industrial Service Merit.


At the 23rd Automobile Day ceremony held on the 12th at JW Marriott Hotel Seoul, Kiyoung Hwang, CEO of KG Mobility, received the Bronze Tower Order of Industrial Service Merit in recognition of his contributions to the development of the automobile industry and is taking a commemorative photo with Shin Hak Moon, Vice Minister of Trade, Industry and Energy. Photo by KGM

At the 23rd Automobile Day ceremony held on the 12th at JW Marriott Hotel Seoul, Kiyoung Hwang, CEO of KG Mobility, received the Bronze Tower Order of Industrial Service Merit in recognition of his contributions to the development of the automobile industry and is taking a commemorative photo with Shin Hak Moon, Vice Minister of Trade, Industry and Energy. Photo by KGM

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On May 12, KGM announced that CEO Hwang received the Bronze Tower Order of Industrial Service Merit at the '23rd Automobile Day' ceremony held at JW Marriott Hotel Seoul, in recognition of his contributions to the development of the automobile industry.


Since 1992, CEO Hwang, a global business expert with overseas business experience at major automotive companies across Europe, the UK, and Russia, joined KGM in 2023. He has overseen overseas business, focusing on pioneering new markets and strengthening the global sales network.


KGM achieved exports of 52,754 units in 2023, marking a 16.5% increase compared to the previous year. The company continued this growth trend by reaching 62,378 units in 2024 and 70,286 units in 2025, maintaining an average annual growth rate of 15.8%.


After becoming CEO in 2024, Hwang expanded exports, enhanced productivity, and strengthened profit-oriented management, leading the company to record its highest-ever performance last year with sales of 4.2433 trillion won and operating profit of 53.6 billion won, achieving a surplus for three consecutive years.



CEO Hwang stated, "The qualitative growth based on profits that we have achieved over the past three years since joining the KG Group is thanks to the dedication and efforts of our employees," adding, "We will continue to contribute to the advancement of the industry through sustainable responsible management and the creation of social value."


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

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