LOGO
LOGO

Quick Facts

HD Korea Shipbuilding & Offshore Engineering Q1 Profit Surges, Sales Rise 20%

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

HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (009540.KS) on Thursday reported sharply higher first-quarter earnings, mainly driven by growth in sales.

Net income from continuing operation before income tax surged 96.2% to 1.5681 trillion won from 799.2 billion won in the prior-year quarter.

Operating profit increased 57.8% to 1.356 trillion won from 859.2 billion won a year earlier.

Net income attributable to shareholders of the parent company climbed to 844.3 billion won from 495.4 billion won in the corresponding quarter last year.

Sales increased 20.2% to 8.1409 trillion won from 6.7717 trillion won a year earlier.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

RELATED NEWS
Latest Updates on COVID-19