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Daewoo E&C Q1 profit surges nearly 70%
April 28, 2026
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Daewoo Engineering Construction said Tuesday its first-quarter operating profit rose nearly 70 percent from a year earlier, as margins improved in its core building business despite a challenging external environment. The builder reported operating profit of 255.6 billion won (173 million) in the January-March period, up 68.9 percent on-year, while net profit more than tripled to 195.8 billion won.
Revenue fell 6.0 percent to 1.95 trillion won from 2.08 trillion won. By segment, housing and b
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
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