HD Hyundai Posts Q2 Operating Profit of 960.1B Won, Up 103.64% Year-on-Year

According to Yonhap Infomax, in Q2 2026, HD Hyundai Heavy Industries posted operating profit of 960.1 billion won, up 103.64% year-on-year, with revenue climbing 50.14% to 6.23 trillion won. The shipbuilding and engine divisions drove growth, with an overall operating margin of 15.2%. Shipbuilding maintained margin rates in the 15% range, while engine division achieved strong performance fueled by rising demand for AI data center power systems.

The company has already secured 100 billion dollars in new orders for H1 2026, achieving 59.2% of its annual target. Commercial vessel orders reached 98% of full-year guidance, with additional opportunities in international specialty vessels and offshore projects anticipated for H2.