BHI (083650) Q2 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2026 earnings summary
14 Aug, 2026Executive summary
Specializes in power plant equipment, with a focus on boilers, HRSGs, and BOP for domestic and international clients.
Operates as a made-to-order business, with all products manufactured per customer order.
Major customers include power companies, construction firms, and steelmakers.
Financial highlights
Revenue for H1 2026: KRW 577.1 billion, down from KRW 774.1 billion in H1 2025.
Operating income for H1 2026: KRW 80.8 billion, up from KRW 75.5 billion in H1 2025.
Net income for H1 2026: KRW 25.4 billion, up from KRW 21.9 billion in H1 2025.
Basic EPS for H1 2026: KRW 822, up from KRW 657 in the prior year.
Cash and cash equivalents at June 30, 2026: KRW 125.4 billion.
Outlook and guidance
No significant changes or forward-looking statements disclosed for H1 2026; refer to prior annual report for details.
Latest events from BHI
- Revenue down, profit up; major contract canceled, FX risk and asset revaluation notable.083650
Q2 2024 - Net income rose on improved margins and asset revaluation, despite lower sales and a contract loss.083650
Q3 2024 - Q1 2025 revenue reached KRW 135.3B, with strong HRSG sales and robust order backlog.083650
Q1 2025 - Net income more than doubled on higher margins despite lower revenue, with a robust order backlog.083650
Q2 2025 - Revenue and profit surged on export growth, with a robust order backlog supporting outlook.083650
Q3 2025 - Q1 2026 saw KRW 280.8B revenue, KRW 5.1B net income, and a 393% debt-to-equity ratio.083650
Q1 2026 - Revenue and net income surged on export growth and project gains, with robust order backlog.083650
Q4 2025 - Strong revenue and profit growth, improved leverage, and major asset revaluation in 2024.083650
Q4 2024