HD Hyundai Construction Equipment announced on the 29th that it recorded KRW 2.4342 trillion in revenue and KRW 248.9 billion in operating profit on a consolidated basis in its preliminary Q2 2026 results.

Compared to the previous quarter, revenue and operating profit increased by 5.6% and 30.5%, respectively. Year-over-year, revenue surged 151.5% and operating profit soared 522.3%.

Net income for the second quarter was KRW 180.7 billion, up 3.9% from the previous quarter and skyrocketing 30,016.7% year-over-year. Net income attributable to controlling interests was KRW 180.4 billion, up 3.7% from the previous quarter and 3,658.3% year-over-year. Profit from continuing operations before income tax expense stood at KRW 244.9 billion, representing a 9.1% increase quarter-over-quarter and a 12,145.0% jump year-over-year.

On a cumulative basis for the first half (January–June), the company achieved KRW 4.739 trillion in revenue and KRW 439.6 billion in operating profit. Revenue grew 152.8% year-over-year, while operating profit climbed 438.1%. Cumulative net income for the same period was KRW 354.6 billion, and net income attributable to controlling interests was KRW 354.4 billion, surging 1,248.3% and 964.3% year-over-year, respectively.

The company stated that these results are preliminary consolidated figures prepared in accordance with the Korean International Financial Reporting Standards (K-IFRS). It also explained that, following the absorption-type merger with HD Hyundai Infracore on January 1, 2026, the current quarter's performance reflects the merged entity's operating results. However, the year-ago figures were prepared on a standalone basis for HD Hyundai Construction Equipment prior to the merger, and caution is required when making direct comparisons.