Sales of 17 trillion 165 billion won… an increase of 30.1%,
Hyundai Construction headquarters. Photo=Hyundai Construction,
, ‘Hyundai Construction announced on the 19th that it has temporarily compiled its consolidated results for the first half of this year, recording cumulative sales of 17 trillion 165 billion won, operating profit of 398.2 billion won, and net profit of 354.5 billion won.’,
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, ‘Sales increased by 30.1% compared to the same period of the previous year, and operating profit increased by 0.3%. Hyundai Construction explained that its sales continued to grow steadily as major domestic and international projects such as the Saudi Amiral Project, Shahin Ethylene Plant, and Panama Metro Line 3 progressed, reflecting performance in the domestic large-scale housing business.’,
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, ‘New orders based on consolidated results for the first half of the year amounted to 16 trillion 645 billion won. This included large-scale project orders such as the Saudi Jafura Package 2, the Daechang-Hongdae Metropolitan Railway Private Investment Project, and the construction of Daejeon Doan 2-2 Zone, achieving 57.5% of the annual order target of 29 trillion won. The order backlog increased slightly to 90 trillion 1228 billion won compared to the end of the previous year.’,
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, ‘Hyundai Construction anticipates that it will comfortably achieve its annual sales target of 29 trillion 700 billion won, supported by smooth progress at overseas large plant sites such as Saudi Jafura Package 1 and Basra Oil Refinery in Iraq, as well as expansion of domestic housing and data center businesses in the latter half of the year.’,
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, ‘Cash and cash equivalents (including short-term financial instruments) amounted to 3 trillion 391.2 billion won, with a liquidity ratio of 174.9% and a debt ratio of 130.3%. The credit rating remained at the industry’s highest level of AA-, maintaining a stable financial structure.’,
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, ‘A Hyundai Construction official emphasized, “We are making every effort to expand high value-added businesses and the energy value chain for sustainable growth,” and said, “We will lead the global construction market by demonstrating outstanding capabilities in areas such as large nuclear power plant overseas expansion, construction of Small Modular Reactors (SMR) as the first model, as well as solar power, data centers, and national infrastructure projects.”‘,
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