DL Posts Record Quarterly Revenue and Operating Profit, Driven by Petrochemicals… DL E&C CO., LTD. Secures 5 Trillion Won in New Orders
DL Reports Consolidated First-Half Revenue of 2.9 Trillion Won and Operating Profit of 369.4 Billion Won
Maintaining Competitiveness in the Petrochemical and Specialty Sectors Amid a Global Downturn
DL E&C CO., LTD. Reports 53% Increase in Operating Profit… Results of Selective Order Acquisition and Cost Management
SMRs and Data Centers as Future Growth Drivers
[Edaily Reporter Ham Ji-Hyun ] DL Group is maintaining steady growth in the first half of this year by improving profitability in its core businesses, including petrochemicals, energy, and construction.
Perspective drawing of the “Acro Mokdong Regency” complex in Mokdong District 6, secured by DL E&C CO., LTD. (Photo: DL Group) In the first half of this year, DL posted consolidated revenue of 2.9506 trillion won and operating profit of 369.4 billion won. Both revenue and operating profit reached record highs on a quarterly basis. The improvement in performance was driven by the petrochemical division. The company is credited with maintaining competitiveness in high-value-added specialty products despite structural weakness in the global market. DL Chemical posted consolidated revenue of 1.4526 trillion won and operating profit of 185.1 billion won in the second quarter of this year. Revenue increased by 25.7% year-over-year, while operating profit surged by 450.9%.
Its U.S. subsidiary, Crestron, posted revenue of 868.2 billion won and operating profit of 104.6 billion won in the second quarter of this year, demonstrating strong growth. Analysts note that both Crestron’s polymer and chemical businesses benefited from increased sales volume, higher product prices, and widening spreads. DL Energy also saw improved performance due to increased electricity sales from major power plants and higher capacity fees at its U.S. power plants.
In the construction sector, DL E&C CO., LTD. continued its trend of improved profitability. Revenue for the first half of this year totaled 3.5281 trillion won, with operating profit reaching 316.8 billion won—a 53% increase year-over-year. The company attributed this improvement to selective order acquisition and rigorous cost management. DL E&C CO., LTD.’s new orders for the first half totaled 5.2446 trillion won.
A DL Group official stated, “The first half of this year was a period in which strengthening the core competitiveness of each business division and implementing a profitability-focused management strategy led to tangible results,” adding, “Based on our stable financial structure and the expertise of each affiliate, we will continue to strengthen the competitiveness of our existing businesses while actively seeking new business opportunities in future growth areas such as energy, small modular reactors (SMRs), and data centers.”
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