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[Breaking] HD Hyundai Marine Solution Posts Q2 Operating Profit of KRW 97.6 Billion, Up 17.6% YoY, Revenue of KRW 580.4 Billion

HD Hyundai Marine Solution announced on the 27th via a regulatory filing that it recorded consolidated revenue of KRW 580.4 billion and operating profit of KRW

Oseong Kwon
Staff Reporter
3 min read
[Breaking] HD Hyundai Marine Solution Posts Q2 Operating Profit of KRW 97.6 Billion, Up 17.6% YoY, Revenue of KRW 580.4 Billion
CBC News

HD Hyundai Marine Solution announced on the 27th via a regulatory filing that it recorded consolidated revenue of KRW 580.4 billion and operating profit of KRW 97.6 billion in the second quarter.

■ Q2 Revenue and Operating Profit Both Post Double-Digit Growth YoY

Q2 revenue increased by 24.1% compared to the same period last year (KRW 467.7 billion) and rose by 1.0% compared to the previous quarter (KRW 574.6 billion). Operating profit increased by 17.6% from the same period last year (KRW 83 billion) and by 4.5% from the previous quarter (KRW 93.4 billion).

Profit before income tax from continuing operations stood at KRW 108.9 billion, up 59.4% year-on-year, but down 8.9% compared to the previous quarter (KRW 119.5 billion). Net income for the period was KRW 83 billion, a 56.6% increase from the same period last year but a 15.4% decline from the previous quarter. Net income attributable to owners of the parent company was also KRW 83 billion, at the same level.

■ Cumulative H1 Revenue Reaches KRW 1.155 Trillion, Operating Profit Hits KRW 191 Billion

On a cumulative basis for the first half (January–June), the company achieved revenue of KRW 1.155 trillion and operating profit of KRW 191 billion. These figures represent increases of 21.2% and 15.1%, respectively, compared to the same period last year. Cumulative net income for the period was KRW 181.1 billion, up 55.7% year-on-year, while cumulative profit before income tax from continuing operations was KRW 228.4 billion, a 50.1% increase.

Oseong Kwon
Staff Reporter

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