{"id":117980,"date":"2026-08-13T09:59:19","date_gmt":"2026-08-13T09:59:19","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/117980\/"},"modified":"2026-08-13T09:59:19","modified_gmt":"2026-08-13T09:59:19","slug":"hd-hyundai-chairman-urges-long-term-focus-over-short-term-gains","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/117980\/","title":{"rendered":"HD Hyundai Chairman Urges Long-Term Focus Over Short-Term Gains"},"content":{"rendered":"<p><img loading=\"lazy\" alt=\"Chung Ki-sun, Chairman of HD Hyundai - Seoul Economic Daily Finance News from South Korea\" title=\"HD Hyundai Chairman Urges Long-Term Focus Over Short-Term Gains\" width=\"1200\" height=\"675\" decoding=\"async\" data-nimg=\"1\" class=\"w-full h-auto rounded-sm\" style=\"color:transparent;object-fit:contain;object-position:center\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/08\/news-p.v1.20260813.a0dfbb5f9aa84f54b4b405cfc7498f00_P1.png\"\/>Chung Ki-sun, Chairman of HD Hyundai<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">HD Hyundai (267250.KS) Chairman Chung Ki-sun urged the group&#8217;s top executives to prioritize sustainable growth over short-term results, calling for future-oriented leadership.<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">Chung made the remarks at a group presidents&#8217; meeting held at HD Hyundai&#8217;s Global R&amp;D Center (GRC) in Pangyo, attended by Vice Chairmen Cho Young-cheol, Cho Seok and Lee Sang-kyun, along with the chief executives of 11 affiliates spanning shipbuilding and offshore, energy and construction equipment.<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">&#8220;We have painful experience of paying a harsh price for fixating on immediate results and failing to read changes in the market,&#8221; Chung said.<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">It was the first time HD Hyundai had gathered its top executives in about eight months, since December last year. At that time, Chung held a two-day group management strategy meeting with the presidents of major affiliates at HD Hyundai Heavy Industries in Ulsan, where he presented a medium- to long-term goal of reaching 100 trillion won in group revenue within five years.<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">At this meeting, the executives reviewed each company&#8217;s first-half results, new businesses and future growth strategies, and discussed second-half business plans and implementation strategies from multiple angles to overcome domestic and external uncertainty. They also shared group-level priorities such as accelerating an AI transformation (AX) and examined the feasibility of an execution roadmap aimed at leading the market.<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">&#8220;Even amid heightened uncertainty around the world, our group has delivered solid results in most of its businesses,&#8221; Chung said, while stressing the need to abandon a short-sighted approach. Buoyed by broad-based growth across major businesses including shipbuilding, construction equipment, oil refining and power equipment, HD Hyundai posted cumulative first-half revenue of 42.011 trillion won ($30.3 billion) and operating profit of 6.9594 trillion won ($5 billion).<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">Chung also emphasized the need for future-oriented decision-making. If decisions focus on long-term rather than immediate results, he said, the priorities of what must be done now could change. &#8220;We must think harder about future businesses and prepare for them,&#8221; Chung said. &#8220;I will take the lead in creating a business environment that can drive sustainable growth with a long-term, 10- to 20-year perspective.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Chung Ki-sun, Chairman of HD Hyundai HD Hyundai (267250.KS) Chairman Chung Ki-sun urged the group&#8217;s top executives to&hellip;\n","protected":false},"author":2,"featured_media":117981,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5466,722,50389,60986,752,295,294,293,551,60985],"class_list":["post-117980","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hyundai","tag-ai-transformation","tag-chung-ki-sun","tag-first-half-earnings","tag-group-presidents-meeting","tag-hd-hyundai","tag-hyundai","tag-hyundai-group","tag-hyundai-motor-group","tag-shipbuilding","tag-sustainable-growth"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/117980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=117980"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/117980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/117981"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=117980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=117980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=117980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}