Harim Holdings FY 2025 Annual Report
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Filed: March 23, 2026· period ending December 31, 2025DART

Harim Holdings annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 23, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Harim Holdings FY 2025 Annual Report Analysis

Business Overview

  • Integrated food value chain management: grain shipping, feed, livestock (poultry/pork), slaughter, processed food, and distribution, with domestic leadership in chicken processing, branded pork, feed manufacturing, and dry bulk cargo volume
  • Pan Ocean secured long-term cargo contracts with Vale, Posco, and major Korean power companies; 2025 shipping revenue KRW 5.43T with 64% from Asia region

Management Discussion & Analysis

  • Revenue KRW 13,214.9B (+7.67% YoY), Operating profit KRW 88.7B (+15.93%), Net income KRW 51.4B (+193.88%)
  • Transport segment OP KRW 49.2B (+4.07%), driven by LNG non-bulk OP +154.3% and grain business sales +16.1%; bulk segment sales -4.8%, OP -25.2% due to BDI index decline

Risk Factors

  • USD 10% appreciation → KRW 48.0B pre-tax exchange loss for Farmsco in 2025, down from KRW 61.7B in 2024
  • Total short-term financial liabilities of Harim: KRW 499.1B in 2025, down 5.1% YoY from KRW 526.2B in 2024

Harim Holdings FY 2025 Key Financial Metrics
DART

Total Assets

KRW 17.01T

+5.8% YoY

Operating Cash Flow

KRW 1.14T

+29.8% YoY

CapEx

KRW 426.8B

-31.0% YoY

Source: KIFRS consolidated financial data from Harim Holdings annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding