[Announcement+] Korea Comprehensive Technology Reports 500 Million KRW Operating Profit in Q1..."Thanks to Large-Scale Projects"

[Asia Economy Reporter Kum Bo-ryeong] Korea Engineering Consultants Corp. announced on the 15th that its standalone first-quarter performance this year recorded sales of 51.8 billion KRW and operating profit of 480 million KRW. Compared to the same period last year, sales increased by 16.5% and operating profit surged by 299%.

The strong performance is attributed to the progress of large-scale projects won last year. Large projects such as Bucheon Fuel Cell and Samyoung E&E Incineration Heat EPC (Engineering, Procurement, and Construction) were recognized as sales.

A Korea Engineering Consultants Corp. official explained, "The construction engineering business was less affected by the COVID-19 pandemic due to the possibility of non-face-to-face work methods," adding, "It is encouraging that performance improved through sales volume expansion and cost control."

Korea Engineering Consultants Corp. plans to actively pursue diversification of its business portfolio this year. A company representative said, "We will create markets in various sectors beyond public projects, including private investment, operation and maintenance (O&M), and project management consultancy (PMC), and diversify our business based on our self-developed core eco-friendly new technologies such as the 'Bioreactor Method' and 'Biogas Energy Conversion'."

This content was produced with the assistance of AI translation services.