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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
HD Hyundai Construction Equipment
HD Hyundai Construction Equipment (267270) investor relations material
HD Hyundai Construction Equipment Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary26 Oct, 2026
Executive summary
3Q26 sales rose 6.1% YoY to KRW 2,091.5bn and EBIT increased 23.9% to KRW 157.7bn; net profit fell to KRW 1.8bn amid a KRW 146.0bn FX loss.
Sales growth was led by generator and industrial engines, while construction equipment profitability improved on stronger mix and regional contributions.
Financial highlights
Sales were KRW 2,091.5bn, up 6.1% YoY and down 14.1% QoQ; EBIT was KRW 157.7bn, up 23.9% YoY and down 36.6% QoQ.
EBIT margin was 7.5%, up 1.1 percentage points YoY and down 2.7 points QoQ.
Pretax profit was a KRW 4.0bn loss versus KRW 244.9bn profit in 2Q26; net profit was KRW 1.8bn versus KRW 180.7bn in 2Q26.
Profit attributable to owners of parent was KRW 1.9bn, down 98.1% YoY; net financial cost was KRW 14.8bn and FX loss was KRW 146.0bn.
Outlook and guidance
Generator-engine revenue and EBIT are expected to expand, supported by large electric and gas generator engines and faster synergy creation.
Engine sales outlook indicates a 12% CAGR for 2026E–2031, with growth drivers including power generation, industrial applications, capacity expansion and future electrification and hydrogen platforms.
Generator-engine plans include expanding the lineup with 1–3 MW gas and hydrogen variants under evaluation, and extending offerings to lower-displacement platforms.
Construction equipment growth prospects cite next-generation models, trucks, rental demand, infrastructure and mining; MEA recovery depends on logistics normalization.
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Latest events from HD Hyundai Construction Equipment
- Revenue and profit soared post-merger, fueled by exports, margin gains, and global demand.267270
Q2 2026 - Q1 2026 sales and profit surged post-merger, driven by construction equipment and exports.267270Q1 2026
- 2025 saw sales and profit growth, with 2026 targeting 6–11% higher sales and strong shareholder returns.267270Q4 2025
- Sales and profit surged in 3Q25, but nine-month results declined amid a major merger.267270Q3 2025
- Sales grew in emerging markets, but profits fell and a major merger is planned for 2026.267270Q2 2025
- Aiming for KRW 6 trillion+ sales and 10%+ OPM by 2029, with robust shareholder returns and ESG focus.267270Corporate Presentation
- Sales and profit fell on weak demand, but R&D, India, and Brazil growth supported resilience.267270Q3 2024
- Sales and profit fell, but financial soundness and shareholder returns remain strong.267270Q2 2024
- Revenue and profit fell year-over-year, but exports and shareholder returns stayed strong.267270Q1 2025
Next HD Hyundai Construction Equipment earnings date
Q4 202618 Mar, 2027
HD Hyundai Construction Equipment
Next HD Hyundai Construction Equipment earnings date
Q4 202618 Mar, 2027
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Frequently asked questions
HD Hyundai Construction Equipment Co Ltd is a South Korea-based company engaged in the manufacturing and sale of construction machinery and equipment. The company’s product portfolio includes excavators, wheel loaders, backhoe loaders, and industrial vehicles used in construction, mining, and infrastructure projects. It also provides parts, maintenance, and after-sales services through a global network of dealers and service centers. HD Hyundai Construction Equipment serves both domestic and international markets. The company is headquartered in Seongnam, South Korea, and its shares are listed on the KRX.