Daewoo E&C reported a more than 180% year-on-year jump in second-quarter net profit, according to The Korea Herald.
The result places the construction and engineering group among the top performers in South Korea's industrial sector for the period.
HD Korea Shipbuilding recently posted a 73% increase in second-quarter net profit, driven by the delivery of high-priced vessels.
The earnings surge aligns with a broader trend of strong profitability across the country's major shipbuilding and engineering firms.
HD Korea Shipbuilding recently posted a 73% increase in second-quarter net profit, driven by the delivery of high-priced vessels.
Similarly, Hanwha Ocean reported a more than fourfold increase in net profit for the same period, benefiting from high-value vessel deliveries and favorable currency movements.
These results highlight the continued strength of South Korea's shipbuilding sector, which has benefited from a robust order book and rising contract prices.