Daehan Shipbuilding CI (Corporate Identity). /Courtesy of Daehan Shipbuilding

Daehan Shipbuilding disclosed on the 27th that last year it posted 1.2281 trillion won in revenue and 294.1 billion won in operating profit. Compared with the same period a year earlier, revenue rose 14.2% and operating profit increased 86.1%. Net profit for the same period climbed 42% to 245.1 billion won.

The annual operating margin was 23.9%, up 9.2 percentage points (p) from the same period a year earlier.

Kwon Seung-hun, head of the management planning team at Daehan Shipbuilding, said, "As construction of the high value-added 'shuttle tanker' class, strategically won in 2024, began in earnest, profitability accelerated," adding, "With stable process management and a favorable exchange-rate trend, the quality of earnings improved further."

※ This article has been translated by AI. Share your feedback here.