ITCEN Global H1 2026 revenue jumps 92% as Web3 push accelerates

ITCEN Global reported record H1 2026 results, with consolidated revenue rising 92% year over year to ₩5.58 trillion, operating profit up 94% to ₩107.5 billion, and net income up 153% to ₩109.8 billion, driven by its gold trading platform and AI-focused IT services businesses. Separately, affiliate ITcen CITES returned to profitability, posting H1 consolidated revenue of ₩509.5 billion, operating profit of ₩10.3 billion versus a year-earlier loss, and net income of ₩50.3 billion, helped by stronger core IT infrastructure margins and ₩40.4 billion in equity-method income, including ₩39.7 billion from KGE Holdings, parent of Korea Gold Exchange. ITCEN Global said Web3, including STO and RWA initiatives, will be its main second-half growth engine, while ITcen CITES said AI infrastructure and AX expansion will lead its next phase of growth.

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