Dongbu Corporation announced on the 14th that its consolidated operating profit for the first half of this year (January to June) has turned to profit, increasing by 128.3% compared to the same period last year to reach 16.6 billion won. First-half sales were 829.4 billion won, a decrease of about 4% from the same period last year. Net profit reached 10.7 billion won, up 113.2%.
The cost ratio exceeded 100% in the first half of last year, but has decreased to the 87% range this year. Dongbu Corporation stated that this is a result of the expansion of high-profit business segments and thorough cost management, along with the completion of sites that had significant cost burdens last year.
The liability ratio was calculated at 248%, about 16 percentage points lower than last year. The total order backlog as of the first half is approximately 10.9 trillion won. The company won large infrastructure projects in the first half, including the Busan New Port–Gimhae Expressway section 1, valued at 340 billion won. It also secured urban renewal projects worth 600 billion won in areas such as Mangwoo-dong, Gocheok-dong, and Cheonho-dong.
A Dongbu Corporation official said, "In the first half, we evaluate that we achieved significant results in profitability, stability, and growth." He added, "In the second half, we will further expand high-value-added businesses and strengthen our growth momentum through portfolio diversification and thorough risk management."