Hyungji Elite posts record annual sales of W177.8b, operating profit up 27%

Hyungji Elite said Monday that consolidated sales for its 25th fiscal year (July 1, 2025–June 30, 2026) reached 177.8 billion won ($128 million), up about 7 percent from 166.7 billion won the previous year.

The figure is roughly double the 92.9 billion won recorded in the company's 22nd fiscal year, three years earlier. Operating profit rose 27 percent year-on-year to 8.4 billion won — about four times the level posted in the 22nd fiscal year.

In the school uniform segment, the company refreshed its brand identity and diversified its product lineup to include sportswear, casual wear, T-shirts, bags, belts and indoor shoes. It also signed supply contracts with Kyoto International Junior and Senior High School and Osaka Kongo School, making Hyungji Elite the first domestic school uniform brand to enter the Japanese market, following its earlier push into China's premium school uniform sector.

The sports merchandise business, which already covers professional baseball, soccer and esports, recently added a sponsorship deal with professional basketball team Busan KCC Egis. The company also participated in a pop-up event tied to FC Seoul's match against FC Barcelona in Seoul and the Hanwha Life Esports fan festival in Vietnam, and opened its first official offline store at Lotte World Mall in Jamsil.

"With our key management indicators confirmed at a stable level, we will demonstrate unwavering fundamentals and meet the expectations of the market and shareholders through sustainable profit growth," a company official said.