2nd quarter 2026 earnings release scheduled for August 18, 2026. Analysts forecast results to exceed market expectations due to the one-time revenue recognition of a Floating Production Storage and Offloading (FPSO) unit worth approximately 1.5 trillion KRW forecasted.
KRX Shipbuilding TOP10 Index
Exposure to Korea's top 10 shipbuilding companies, from exporters to marine engine makers.
Recent events
Q2 2026 earnings release scheduled for 2026-08-18. Analysts forecast continued strong performance with an estimated operating profit of around KRW 1.42 trillion, a YoY increase of approximately 49% forecasted. Low impact expected as the event has not occurred yet, scheduled.
Scheduled release of Q2 2026 earnings on 2026-07-29. Analysts forecast a significant year-over-year increase in operating profit, continuing a trend of strong performance expected.
The company is scheduled to announce its Q2 2026 earnings on July 23, 2026. Analysts forecast a significant increase in operating profit, continuing the strong performance from the first quarter, driven by high-value ship orders and favorable exchange rates, expected.
Announced a KRW 115.8 billion contract to supply marine engines to an Asian company on 2026-07-10. The contract value is 8.4% of the company's 2025 revenue.
Announced a business cooperation agreement with WeatherNews on 2026-07-10 to commercialize and expand an AI-powered route optimization solution (OSR-OW) proven to save at least 3% in fuel costs.
Announced winning an order for six petroleum product carriers (PC) from a Middle Eastern shipping company on 2026-07-09, valued at approximately KRW 469.9 billion. This contract brought the year-to-date order total to $16.03 billion, achieving 68.8% of the annual target.
On July 9, 2026, the company announced it had won a KRW 469.9 billion contract to build six petroleum/chemical (PC) tankers for a Middle Eastern shipping company. This amount is equivalent to 2.67% of 2025's revenue.
It was reported on July 8, 2026, that South Korean shipbuilders, including HD Hyundai Heavy Industries, were unsuccessful in their bid for the Canadian Patrol Submarine Project (CPSP), a contract estimated to be worth up to KRW 60 trillion.
Announced a KRW 284.9 billion order for two crude oil tankers from a Bermuda-based shipper; low price impact is anticipated as this is a routine contract scheduled.
Lost the bid for Canada's multi-billion dollar Canadian Patrol Submarine Project (CPSP) to Germany's Thyssenkrupp Marine Systems on July 6, 2026. The stock price fell more than 20% on the following day, July 7, 2026.
Selected as the preferred bidder for the 'Busan BEXCO 3rd Exhibition Hall Construction Project', worth 257.2 billion KRW.