Dongbu Corporation Reports Profit Growth with Revenue Increase and Reduced Debt Ratio
Dongbu Corporation posted an operating profit of 60.6 billion won for the last year, recovering from a loss of 96.9 billion won the previous year. Revenue increased by 4% to 1.7586 trillion won, with net income rising to 70.6 billion won from a net loss of 107.5 billion won.
The company's debt ratio fell significantly by 67 percentage points to approximately 197%, down from 264%, marking a drop below the 200% threshold. New orders reached a record 4.3 trillion won, the highest in the company's history.
Dongbu Corporation anticipates continued revenue growth in 2025 through various public housing projects, public works, urban renewal, and industrial facilities. Additionally, HJ Shipbuilding & Construction signed a maintenance, supply, and repair agreement with the U.S. Navy, enhancing the company's investment asset value.
