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[Breaking] HD Korea Shipbuilding & Offshore Engineering Posts Q2 Operating Profit of KRW 1.6451 Trillion, Up 72.5% Year-on-Year in Strong Performance

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) recorded strong performance in the second quarter of 2026. According to a regulatory filing on the 29th,

Oseong Kwon
Staff Reporter
4 min read
[Breaking] HD Korea Shipbuilding & Offshore Engineering Posts Q2 Operating Profit of KRW 1.6451 Trillion, Up 72.5% Year-on-Year in Strong Performance
CBC News

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) recorded strong performance in the second quarter of 2026. According to a regulatory filing on the 29th, HD KSOE's preliminary consolidated operating profit for the second quarter was tallied at KRW 1.6451 trillion.

This represents a 21.3% increase from the previous quarter (KRW 1.356 trillion) and a 72.5% surge compared to the same period last year (KRW 953.6 billion). Revenue for the same period also reached KRW 8.927 trillion, growing 9.7% from the previous quarter and 20.2% year-on-year.

Profitability metrics also improved significantly. Profit before income tax from continuing operations for the second quarter stood at KRW 2.1624 trillion, surging 37.9% from the previous quarter and 296.1% year-on-year. Net income for the period was KRW 1.5942 trillion, up 39.7% from the previous quarter and 256.6% from the same period last year. Net income attributable to shareholders of the parent company also reached KRW 1.2874 trillion, increasing 52.5% from the previous quarter and 261.2% year-on-year.

The company also delivered clear results on a cumulative basis for the first half (Q1–Q2). It achieved revenue of KRW 17.0679 trillion, operating profit of KRW 3.0011 trillion, profit before income tax from continuing operations of KRW 3.7305 trillion, net income of KRW 2.7356 trillion, and net income attributable to shareholders of the parent company of KRW 2.1317 trillion. Cumulative revenue rose 20.2% year-on-year, while operating profit increased 65.6%.

HD KSOE stated that these results are preliminary consolidated figures that have not yet been audited by an external auditor, and may be subject to partial changes during the future accounting audit process. The company also noted that the disclosed amounts are rounded to the nearest hundred million won.

Oseong Kwon
Staff Reporter

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