HD Hyundai Heavy Industries, Q3 operating profit 1.4472 trillion won

*This content was translated by AI.View Original

HD Hyundai Heavy Industries announced that it recorded consolidated revenue of 8.2862 trillion won and an operating profit of 1.4472 trillion won in the third quarter.

In the third quarter, revenue and operating profit increased by 9.3% and 37.3%, respectively, year-on-year, driven by improved productivity, rising ship prices, and strong performance in the engine machinery and offshore plant divisions.

HD Hyundai Heavy Industries recorded revenue of 5.7536 trillion won and an operating profit of 899.2 billion won, as rising ship prices and strong performance in the engine machinery and offshore plant divisions continued. These figures represented year-on-year increases of 30.2% and 61.3%, respectively. HD Hyundai Samho recorded revenue of 2.3704 trillion won and an operating profit of 479 billion won, reflecting year-on-year increases of 20.5% in revenue and 56.3% in operating profit, driven by an expanded share of LNG ship sales.

HD Hyundai Marine Engine recorded revenue of 211.4 billion won and an operating profit of 60.3 billion won, representing year-on-year increases of 93.8% and 197%, respectively, as the number of engine deliveries increased and the share of DF (Dual Fuel) engine sales expanded.

An HD Hyundai official, in a phone interview with this outlet, analyzed that the company maintained solid profitability thanks to strong performance in key business divisions and continuous productivity improvements.

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*This content was translated by AI.View Original