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HD Hyundai Construction Equipment (A267270) investor relations material
HD Hyundai Construction Equipment Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Sales increased 17% year-over-year in 3Q25, driven by strong demand in emerging markets and a rebound in developed markets.
Operating profit rose 30% year-over-year, supported by sales growth and favorable foreign exchange effects.
Net profit surged 269% year-over-year, reflecting both operational improvements and non-operating gains.
Financial highlights
3Q25 sales reached KRW 954.7 billion, up 16.9% year-over-year and down 1.3% sequentially.
Operating profit was KRW 55.8 billion, up 29.8% year-over-year and 39.4% sequentially; operating margin improved to 5.8%.
Net profit was KRW 42.3 billion, a 269% year-over-year increase.
Outlook and guidance
North America and Europe are expected to maintain growth, with North America benefiting from preemptive purchases ahead of tariff increases and Europe seeing gradual recovery.
India faces inventory digestion, while Brazil experiences temporary demand growth ahead of elections.
Emerging markets continue to show robust demand, especially in Africa, Latin America, and the Middle East.
China’s demand is steady, supported by government infrastructure initiatives and business restructuring.
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