- Sales increased year-on-year, supported by higher output from European plant expansion and stronger distribution capabilities
- Company pursued both volume and quality growth by strengthening core business competitiveness amid ongoing trade uncertainties
SEOUL, South Korea, February 4, 2026 – NEXEN TIRE, a leading global tire manufacturer, has released its preliminary financial results for the full year 2025. The company recorded a revenue of KRW 3.19 trillion and an operating profit of KRW 170.3 billion for 2025. First surpassing KRW 2 trillion in annual sales in 2019, the company has now exceeded KRW 3 trillion in annual sales for the first time, reflecting ongoing top-line growth despite an uncertain market environment.
Sales growth was mainly attributable to the second phase of the European plant expansion, which reflects the company’s efforts to expand sales even with increasing business uncertainty due to factors such as the impact of U.S. tariffs. In the original equipment (OE) segment, NEXEN TIRE maintained strong growth by supplying a diversified product lineup for both electric vehicles (EVs) and internal combustion engine (ICE) vehicles to more than 30 global automakers, while in the replacement (RE) segment, the company achieved steady growth through region-specific product strategies.
U.S. tariffs had a limited impact on profitability. Although trade policy uncertainties have affected demand, NEXEN TIRE minimized their impact on performance by diversifying its distribution channels for each region and selling more large-inch tires to improve its product mix. Efforts to improve cost efficiency as well as the stabilization of raw material prices and ocean freight rates also buoyed profitability.
Alongside its earnings announcement, NEXEN TIRE also shared its management status and key strategies. Last year, the company launched its EV ROOT lineup, which reflects its strategy of designing “one tire” for both EVs and ICE vehicles. The company also laid a foundation for mid- to long-term growth by expanding OE partnerships with global automakers, including premium brands, and establishing new overseas sales bases to strengthen regional sales and distribution networks.
These efforts led to external recognition of the company’s product competitiveness and quality. In the fourth quarter of 2025, NEXEN TIRE’s high-performance N’FERA Sport was named runner-up in the tire category in the New Product Awards at the SEMA Show in the United States, the world’s largest aftermarket trade exhibition.
NEXEN TIRE has also demonstrated its competitiveness in both technology and management. It was selected as an excellent company for quality competitiveness for the fifth consecutive year at the Korea National Quality Awards, and received the Presidential Award at the Labor-Management Culture Awards based on its 34 years of stable labor-management relations with no labor disputes.
This year, NEXEN TIRE plans to proactively respond to the trade uncertainties that have arisen with the spread of shifts in global trade policies, while focusing on strengthening its sales capabilities and achieving quality growth based on the foundation it has built in development and production. To support this, the company will carry out sales-focused marketing activities to increase brand visibility and strengthen cooperation with customers, and will enhance RE sales capabilities by building on the brand value of its premium OE products.
NEXEN TIRE will pursue quality growth by improving its product and distribution mix. The company plans to drive product innovation through development that combines artificial intelligence (AI) and virtual technologies, and to meet regional demand by supplying new products in a timely manner. At the same time, NEXEN TIRE will strengthen downstream distribution and develop strategic customer relationships in key markets to further enhance its sales foundation.
“Despite growing uncertainty in the global trade environment, we achieved a meaningful milestone by surpassing KRW 3 trillion in annual sales for the first time,” said John Bosco (Hyeon Suk) Kim, CEO of NEXEN TIRE. “We will continue to pursue both volume and quality growth by strengthening our product and distribution competitiveness in global markets.”