Banseog note · Oct 25, 2026
Youngone Corporation — OEM driving results, and re-equipping overseas plants
- Where it stands now
- OEM boom — with orders for premium outdoor apparel rising, reinvesting in equipment and infrastructure at overseas production bases
In 2025 consolidated revenue rose 15.5% to KRW 4.0636 trillion and operating profit rose 63% to KRW 514.4 billion.
In the first half of 2026 the holding company Youngone Holdings posted consolidated revenue of KRW 2.464 trillion (+12.8%) and operating profit of KRW 353.5 billion (+19.8%), citing strong performance in Youngone's OEM division.
- Three decisions within a year
- Introducing Korean-made knitting machines: in August 2026 the company signed a contract to install 180 circular knitting machines (worth about KRW 10.0 billion) at its production bases in Uzbekistan, India and Kenya over the next two years.
- Bangladesh production base: the company said it is expanding a local general hospital to about 500 beds and building a medical college and a textile and fashion college.
- Shareholder returns: it raised its 2026 interim dividend and in October resolved to buy back KRW 50.0 billion of its own shares.
- Three people it will look for
- Overseas production engineering and equipment manager — 180 knitting machines have to be installed and running at the plants in Uzbekistan, India and Kenya within two years
- Overseas subsidiary operations and plant-manager-level leader — as plants in Bangladesh and emerging production countries grow, people are needed to lead the local organizations
- Global buyer sales and materials development — someone is needed to handle both premium outdoor orders and functional materials
- For HR
- The company competes with other large apparel OEM vendors for the same people. With the knitting machine rollout already under way on a two-year schedule, overseas equipment and production leaders need to be hired now to avoid falling behind.
- For job seekers
- Hands-on experience installing equipment or adding lines at an overseas sewing or knitting plant, and OEM sales experience with global outdoor brands, are worth the most right now.
A reading written from public sources. Sources: Youngone IR (2025 results); Youngone Newsroom 2026-08-21 (first-half results), 2026-08-06 (knitting machines); Etoday 2026-09-01 (Bangladesh); Newspim 2026-10-12 (share buyback). Team size is from Korea's pension register.