HanmiGlobal Reports Operating Profit of 8.8 Billion KRW Last Year, Up 69% Year-on-Year

[Asia Economy Reporter Ryu Tae-min] HanmiGlobal, a global construction project management (PM) company, announced on the 10th that it recorded an operating profit of 8.8 billion KRW based on separate financial statements last year.

HanmiGlobal stated through the notice of the general shareholders' meeting that it achieved sales of 116.3 billion KRW and an operating profit of 8.8 billion KRW based on separate financial statements for 2020. This represents a 14.4% increase in sales and a 69% increase in operating profit compared to the previous year.

Due to the strong performance, HanmiGlobal significantly raised its year-end dividend to 300 KRW per share, up from 200 KRW the previous year.

HanmiGlobal explained that the expansion of semiconductor demand last year led to increased construction sales in the high-tech sector. It also added that post-COVID sectors such as logistics centers and data centers, as well as renewable energy-related projects, contributed to the improved performance.

HanmiGlobal expects steady growth in these business areas this year as well. A HanmiGlobal representative said, “We plan to continue our growth through the 'Green New Deal,' which focuses on renewable energy supply, and the establishment of digital infrastructure centered on smart construction technology.”

Earlier this year, HanmiGlobal announced plans to maximize shareholder value through deepening global management and maintaining sound management. The general shareholders' meeting will be held on the 26th at COEX in Samseong-dong, Gangnam-gu, Seoul.

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