LOGO
LOGO

Quick Facts

Hyundai Engineering & Construction Q1 Profit Climbs, Sales Down

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Hyundai Engineering & Construction Co.,Ltd. (000720.KS) reported Tuesday higher net profit in its first quarter, but lower operating profit, amid weak sales.

In South Korea, the shares were trading at 174,200.00 won, up 1.63 percent.

In the quarter, net income attributable to shareholders of parent company climbed 44.1 percent to 173.5 billion Korean won from last year's 120.4 billion won.

Pre-tax net income from continuing operation grew 33.2 percent year-over-year to 273.5 billion won, while operating income fell 15.4 percent to 180.9 billion won.

Quarterly sales dropped 15.8 percent to 6.28 trillion won from 7.46 trillion won last year. Sequentially, sales declined 22.1 percent.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.

RELATED NEWS
Latest Updates on COVID-19