Kumho Engineering & Construction announced on the 12th through a preliminary earnings report that it recorded sales of 531.2 billion won, an operating profit of 16.2 billion won, and a net income of 10.4 billion won in the second quarter of 2025. Sales for the first half of 2025 amounted to 999.2 billion won, with an operating profit of 21.9 billion won and a net income of 11.2 billion won.
Kumho Engineering & Construction recorded an operating profit of 5.5 billion won in the fourth quarter of last year, followed by 5.7 billion won in the first quarter of this year, and 16.2 billion won in the second quarter, achieving black figures for three consecutive quarters. The operating profit margin stands at 3%.
The cost ratio decreased from 94.6% in the fourth quarter of last year and 95.8% in the first quarter of this year to 93.6% in the second quarter. The net income also increased from 1.3 billion won in the fourth quarter of last year and 700 million won in the first quarter of this year to 10.4 billion won in the second quarter.
Kumho Engineering & Construction analyzed that the improvement in performance is the result of a balanced achievement across all business sectors, based on a stable revenue structure in the dwellings sector, the improvement in the cost ratio of the construction sector, and the recovering performance of the institutional sector.
The liability ratio in the second quarter was 607.2%, a decrease of 41.2 percentage points compared to the first quarter. Borrowing funds decreased by 23.8 billion won to 236.2 billion won compared to the first quarter, and the reliance on borrowing funds declined to 14.9%, strengthening financial stability indicators.
A Kumho Engineering & Construction official said, "The trend of profitability that has continued since the end of last year accelerated further in the second quarter, expanding the scope of performance improvement," adding, "Based on this trend, we will continue to achieve stable and sustainable results in the second half with rigorous cost management."