HJ Heavy Industries Reports Operating Profit of 89.4 Billion Won in First Half of Year

HJ Heavy Industries (097230) recorded a consolidated operating profit of 89.4 billion won in the first half of this year, which is more than eight times higher than the same period last year. The profitability from the eco-friendly container ships and special ship business in the shipbuilding sector contributed to the overall performance. For the first half of 2026, consolidated sales are projected to be 1.2713 trillion won, with an operating profit of 89.4 billion won and a net profit of 88.1 billion won. In the first half of last year, sales were 917.8 billion won, operating profit was 10.8 billion won, and there was a net loss of 1.1 billion won. Sales increased by 38.5% compared to the same period last year, and the net profit turned from a loss in the first half of last year to a profit this year. The sales in the shipbuilding sector reached 678.6 billion won, a 75.5% increase from 386.6 billion won in the first half of last year. The operating profit from the shipbuilding sector accounted for most of the total operating profit at 81.7 billion won. The construction sector also maintained profitability, with sales of 584.4 billion won and an operating profit of 7.8 billion won in the first half. HJ Heavy Industries stated that it will continue its selective order strategy focused on profitability and will carry out large-scale national projects and maintenance work without any issues. This performance indicates that the proportion of the shipbuilding sector has increased in HJ Heavy Industries' profit structure, which encompasses both shipbuilding and construction.

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