HanmiGlobal Achieves Record High Operating Profit of 30.8 Billion KRW Last Year

[Asia Economy Reporter Noh Kyung-jo] HanmiGlobal announced on the 7th that it achieved record-high performance with consolidated sales of 374.4 billion KRW and operating profit of 30.8 billion KRW for the previous year. Compared to the previous year, sales increased by 38.6%, operating profit rose by 56.8%, and net profit amounted to 28.7 billion KRW.

HanmiGlobal analyzed that continuous orders for semiconductor and battery production facility projects in the high-tech sector, such as Samsung Electronics Pyeongtaek Campus and SK Nexilis Poland copper foil plant, were key factors last year.

Expansion of overseas orders in Saudi Arabia, the United States, and the United Kingdom also drove the performance increase. First, it secured project management (PM) services for the construction of a monopile production plant for SeAH Wind, the UK subsidiary of SeAH Steel Holdings. In Saudi Arabia, it won contracts for the special overall program management (e-PMO) service for NEOM City, the Riyadh housing complex development ordered by the state-owned real estate developer Roshn, and PM services for the regional development project "Diriyah South & Garden" commissioned by the Diriyah Gate Development Authority (DGDA).

A HanmiGlobal official said, "Despite uncertain domestic and international conditions last year, the growth of high-tech businesses such as semiconductor and battery production plants remained solid, and large overseas project sales were fully reflected in the performance, resulting in excellent results. Based on HanmiGlobal’s outstanding construction project management capabilities, we will continue to grow this year as well."

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