Harim Holdings Discloses 2025 Corporate Group Status: Total Assets KRW 22.4 Trillion, Net Profit KRW 585.1 Billion, 38 Affiliates
Harim Holdings (CEO Kim Hong-guk) disclosed its 2025 corporate group status, reporting 38 domestic affiliates and a total of 11,232 employees.
Consolidated total assets reached KRW 22.44 trillion, liabilities KRW 11.15 trillion, and equity KRW 11.29 trillion, with a debt-to-equity ratio of 98.80%.
For 2025, consolidated revenue was KRW 12.42 trillion, operating profit KRW 844.1 billion, and net profit KRW 585.1 billion.
Key affiliates include Pan Ocean (shipping), Harim (broiler), Sunjin (feed/pork), and Farmsco (feed/pork), with Pan Ocean accounting for about 33% of consolidated revenue.
Chairman Kim Hong-guk holds 21.10% of Harim Holdings directly, and together with related parties, 57.54%, ensuring stable management control.
The board consists of 8 members (3 inside, 4 outside, 4 audit committee members), and electronic voting has been adopted to enhance shareholder convenience.
Intra-group transactions for goods and services amounted to approximately KRW 1.44 trillion (11.6% of consolidated revenue), mainly in feed, livestock, and logistics.
There are 30 overseas affiliates located in the US, China, Vietnam, Indonesia, etc., with Farmsco and Sunjin leading overseas feed and pig farming operations.
During the period, 6 affiliates were removed (liquidation, merger, stake sale) as part of efficiency improvements in the governance structure.
[AI Comprehensive Analysis]This is a routine annual disclosure with no significant positive or negative events. However, attention should be paid to the capital erosion and loss-making structures of some affiliates (e.g., Harim Industry, AgriRobotech) as investment risks, and the consolidated debt ratio of 98.8% warrants monitoring for financial soundness.
KOSDAQ Filing Information
Filing: Large Corporate Group Status Disclosure [Annual and Q1 Filing (Representative Company)]