Earnings Alerts

HD Korea Shipbuilding & Offshore Engineering (009540) Earnings: 2Q Operating Profit Surges Past Estimates

  • Operating Profit: 376.4 billion won, a significant increase from 71.2 billion won year-over-year, surpassing estimates of 246.82 billion won.
  • Net Profit: 292.2 billion won, up from 49.8 billion won year-over-year, exceeding estimates of 193.84 billion won.
  • Sales: 6.62 trillion won, a 21% increase year-over-year, ahead of the 6.05 trillion won estimate.
  • Share Performance: Shares fell by 5.3% to 0.18 million won, with 665,327 shares traded.
  • Analyst Ratings: 12 buys, 1 hold, and 0 sells.
  • Comparison Basis: Based on values from the company’s original disclosures.

A look at HD Korea Shipbuilding & Offshore Engineering Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

HD Korea Shipbuilding & Offshore Engineering Co., Ltd., a company engaged in shipbuilding and offshore services, has received a promising overall outlook based on the Smartkarma Smart Scores. With a strong score of 5 for Growth and Momentum, the company shows potential for long-term expansion and positive market performance. Additionally, HD Korea Shipbuilding & Offshore Engineering demonstrates resilience with a score of 4, indicating its ability to withstand market challenges. Although the company scores lower in Dividend at 1, its Value score of 3 suggests a fair valuation in the market.

The company’s focus on industrial plant engineering, special and naval shipbuilding, marine engine and machinery, as well as energy services, positions it well for future growth opportunities. HD Korea Shipbuilding & Offshore Engineering‘s global market presence further enhances its potential for continued success in the industry. Investors may find the company’s emphasis on growth and momentum appealing, backed by its established resilience in navigating market fluctuations.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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