EY Han Young posts sales near W800b, operating profit up 30%

EY Han Young, the global accounting and consulting firm, said Wednesday its total sales reached 798.4 billion won ($588 million) in fiscal year 2025 (July 2025–June 2026), with operating profit coming in at 18.1 billion won. Total sales rose 4.4 percent year on year while operating profit jumped 30.1 percent, reflecting simultaneous gains in both revenue scale and profitability.

EY Han Young comprises Hanyoung Accounting and EY Consulting, among other units. Hanyoung Accounting posted sales of 485.9 billion won, up 4.6 percent from the previous year, while its operating profit more than doubled, surging 102 percent to 18.4 billion won. EY Consulting and affiliated units generated sales of 312.5 billion won, a 4.1 percent increase year on year.

Within Hanyoung Accounting, audit sales reached 235.9 billion won and tax advisory sales came to 69.8 billion won, both continuing their growth trajectory. Management advisory sales rose 11 percent year on year to 180.2 billion won, serving as the primary growth driver. Including EY Consulting and other units, EY Han Young's total management advisory sales reached 491 billion won, accounting for 61 percent of overall revenue.

The firm also recorded meaningful improvements in productivity. Revenue per employee among its roughly 3,190 staff rose 5.2 percent year on year to 250 million won, and the productivity gains fed through to compensation: average labor cost per employee climbed 6 percent to 135 million won, and employee bonuses increased about 16.4 percent from the prior year. In July, the firm carried out its regular partner-level personnel reshuffle, promoting eight high performers from various business divisions to deputy representative.

Audit sales accounted for about 48.6 percent of Hanyoung Accounting's total revenue, maintaining solid momentum. The firm is progressively building a task-specific support framework across its audit processes using AI agents, and is deepening audit quality — and client trust — by combining AI-driven audit capabilities with experience auditing leading companies across industries.

Major companies for which Hanyoung Accounting serves as external auditor include SK Group, SK Innovation, SK Networks, Kia, LG Electronics, LX International, HD Hyundai, Samsung E&A, Hanwha Solutions, Hanwha Aerospace, Posco, CJ Group, CJ CheilJedang, CJ Logistics, KT&G, Doosan Bobcat, Lotte Chemical, Seah Group, Hana Financial Group, NH Investment & Securities, Meritz Financial Group and Kyobo Life.

The tax division posted stable growth. Drawing on EY's global network and deep industry expertise, the unit provides integrated advisory services on complex tax issues and is expanding its AI- and technology-based tax consulting offerings.

EY-Parthenon, the strategy and financial advisory division, gained growth momentum as the domestic mergers and acquisitions market recovered and deal activity expanded across value chains in AI, technology and industrials. The division supports corporate value creation through integrated advisory capabilities spanning strategy formulation, buy- and sell-side advisory, valuation, post-merger integration and value creation, backed by sector expertise in K-culture, semiconductors and energy.

EY Consulting grew on the back of rising demand for AI-driven business model transformation, customer experience innovation and productivity-focused management advisory. The unit is leading the adoption of AI, digital transformation, cybersecurity and technology and management innovation. It also recently acquired Cornerstone Intelligence, an SAP-based AI platform specialist, to accelerate its business expansion.

The financial services division continued its solid growth by leading innovation at financial institutions — driving enterprise-wide AI transformation, designing next-generation AI-based systems, formulating global expansion strategies and establishing internal control processes.

"Following last fiscal year's shift to a profitability-focused management approach, this year we achieved strong results with both sales and operating profit growing together," Park Yong-geun, chief executive of EY Han Young, said. "Stable growth in audit, combined with standout performance in management advisory, has further strengthened the balance of our business portfolio."