Doosan Corp. disclosed on the 10th that last year, on a consolidation basis, it posted revenue of 19.7841 trillion won and operating profit of 1.0627 trillion won. Compared with the same period a year earlier, revenue rose 9.1% and operating profit increased 5.9%. Net profit fell 17.4% to 249.5 billion won. Revenue was in line with the consensus (market forecast), but operating profit fell short by 14.28%.
Doosan Group said the results reflected improvements at Doosan Corp.'s own business operations and at Doosan Enerbility amid growing domestic and external uncertainty.
Doosan Corp.'s stand-alone business revenue came to 2.221 trillion won, with operating profit of 503.7 billion won. The figures were up 66.2% and 250%, respectively, from a year earlier. This is the first time annual revenue has exceeded 2 trillion won. Operating profit also hit an all-time high. The Electronics BG improved profitability as the share of high-end product sales expanded. The 2026 outlook for the Electronics BG is also bright. Hana Securities projected the Electronics BG will post revenue of 2.0864 trillion won and operating profit of 608.6 billion won in 2026. Those figures would be up 15% and 24% from this year, respectively.
Doosan Enerbility disclosed on the 11th that last year, on a consolidation basis, it recorded revenue of 17.0578 trillion won and operating profit of 762.7 billion won. Revenue rose 5.1% from a year earlier, but operating profit fell 25%. During the same period, net profit dropped 48% to 205.2 billion won.
On a separate basis over the same period, revenue was 7.8813 trillion won and operating profit was 302.3 billion won. Those figures were up 7% and 24.1%, respectively, from a year earlier. The results were driven by progress on combined-cycle power projects and increased sales in core businesses such as nuclear power and gas.
Doosan Bobcat posted revenue of 8.7919 trillion won and operating profit of 686.1 billion won last year. Revenue increased 2.8% from a year earlier, but operating profit fell 21.3% due to tariff effects and other factors. Demand in major construction equipment markets is expected to decrease slightly this year. Doosan Bobcat plans to boost sales by expanding dealer inventories and increasing market share.
Meanwhile, Doosan Group is expected to benefit from the semiconductor boom once its ongoing acquisition of SK Siltron is completed. SK Siltron ranks third in global wafer market share.