BHI (083650) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue was KRW 863.56bn, operating income KRW 121.14bn and net income KRW 105.24bn, compared with KRW 509.27bn, KRW 51.19bn and KRW 50.23bn, respectively, in 9M 2025.

• Order backlog stood at KRW 2.458tn at September 30, 2026, against cumulative orders of KRW 4.015tn and deliveries of KRW 1.557tn.

Financial highlights

• Q3 2026 revenue was KRW 286.49bn, operating income KRW 40.33bn and net income KRW 79.82bn; Q3 2025 figures were KRW 204.69bn, KRW 18.35bn and KRW 11.67bn.

• 9M 2026 finance income was KRW 82.37bn and finance costs KRW 63.31bn; finance income included KRW 43.02bn of derivative valuation gains.

• 9M operating cash flow was KRW 129.05bn; ending cash and cash equivalents were KRW 116.79bn, versus KRW 59.95bn at year-end 2025.

Outlook and guidance

• No numeric company-specific forward guidance is stated; reported orders, production and industry demand provide the principal indicators of activity.

• Order backlog included KRW 89.0bn of local export-related amounts within domestic orders; disclosed order totals also include MOU and LOI amounts.