Kolon ENP, formerly Kolon Plastics, reported on Thursday that its first-quarter 2025 operating profit rose 22.3 percent year-over-year to 12.8 billion won ($9.2 million), marking the highest quarterly profit in its history.

Revenue came in at 123.9 billion won, up 0.7 percent from the same period during the previous year. The company attributed the improved performance to favorable exchange rate effects from a weaker Korean won and higher product prices in its polyoxymethylene (POM) business amid rising global demand.

The company’s compounding division also saw stable demand from the automotive and electronics sectors, contributing to the earnings growth.

“Despite continued global trade uncertainties this year, we will expand our portfolio in high-value-added markets based on eco-friendly product lines,” the company said, adding that it aims to reinforce its global competitiveness through a sustainable growth strategy.

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