Kolon Global said on the 12th that it posted consolidation-based revenue of 750.5 billion won, operating profit of 52.2 billion won, and net profit of 32.3 billion won in the second quarter of 2026.
Compared with a year earlier, revenue rose 2.2% and operating profit jumped 173.6%, while net profit swung to a surplus.
In the construction institutional sector, profitability improved as cost improvements emerged after a Big Bath taken proactively at the end of last year to reflect potential risks. Second-quarter construction revenue was 608.1 billion won, and operating profit was 40.5 billion won. The construction cost ratio was 87.7%, an improvement of 1.9 percentage points from a year earlier, and operating profit increased 154.7%.
In the nonresidential business, projects such as the Korean Air Lines engine maintenance plant, the Tokyo Electron Korea research facility, the Samsung Electronics ADC DP expansion, and the Pyeongtaek District 1 discharge water low-temperature reduction facility were reflected in revenue.
New orders also continued mainly in the nonresidential sector. Kolon Global won bids including 126.5 billion won for the integrated water supply project construction at the Yongin semiconductor industrial complex and 39.9 billion won for a Kumho Tire manufacturing plant. New orders in the first half totaled 985.4 billion won.
The leisure and asset management (AM) institutional sector saw results increase due to merger effects at the end of last year and the peak season for hotels, resorts, and golf courses. Second-quarter revenue was 85.7 billion won, up 304.2% from a year earlier, and operating profit was 13.5 billion won, up 610.5%.
A Kolon Global official said, "With cost stabilization in the construction institutional sector, expansion of the nonresidential business, and the post-merger growth of the leisure and AM institutional sector gathering pace, we are maintaining a stable growth trend within a balanced business structure," and added, "This year, we will further strengthen both profitability and growth by focusing on selective orders centered on profitability and by enhancing business competitiveness."
Meanwhile, Kolon Global presented guidance for this year of 3.1 trillion won in revenue and 120 billion won in operating profit.