Medium-sized shipbuilder Daehan Shipbuilding is seeking to list on the KOSPI.
On the 4th, according to the financial investment industry, Daehan Shipbuilding submitted an application for preliminary listing review to the Korean Exchange's KOSDAQ market headquarters. KB Securities and NH Investment & Securities took the lead in the listing.
Daehan Shipbuilding, established in 1987, is a medium-sized shipbuilder that once went through corporate rehabilitation procedures but has been preparing for listing based on recent performance improvements.
In particular, benefiting from the shipbuilding industry's 'supercycle,' last year's revenue exceeded 1 trillion won, a 32% increase compared to the previous year. Last year's operating profit was 158.2 billion won, a 340% increase compared to the previous year.
Daehan Shipbuilding is reported to have continued its revenue improvement efforts by selectively securing high-profit eco-friendly vessels after the change of its largest shareholder, KHI.
Currently, KHI and 24 others hold 66.9% of Daehan Shipbuilding's equity.