HD Hyundai Marine Solution Posts 1.9827 Trillion Won in 2025 Revenue... Operating Profit Up 28.9%

AM Business and Ship Parts Drive Earnings Growth
Spread of Eco-Friendly Dual-Fuel Vessels...
Rising Maintenance Demand

HD Hyundai Marine Solution achieved double-digit growth in both revenue and operating profit in its full-year 2025 results.

HD Hyundai Marine Solution CI.

HD Hyundai Marine Solution announced in its earnings disclosure on February 4 that it posted 1.9827 trillion won in revenue and 350.1 billion won in operating profit for 2025. Compared with the previous year, revenue increased by 13.6% and operating profit rose by 28.9%.

The company’s core After Market (AM) business related to ship parts and services drove this earnings growth. Revenue in this segment increased by 16% year-on-year. As the share of vessels equipped with eco-friendly dual-fuel engines expanded, unit prices for parts rose, and growing demand for maintenance and repair services also contributed to improved profitability.

The digital solutions business also maintained solid growth momentum. With the recovery of the newbuilding market and the “shaft generator” business, which utilizes power control technology, entering full swing, revenue in the digital solutions segment increased by 30% year-on-year. In particular, fourth-quarter revenue jumped 60.5% from the same period a year earlier, marking record-high quarterly results for the fourth consecutive quarter. Revenue from eco-friendly retrofit projects remained at a similar level to the previous year.

HD Hyundai Marine Solution has set this year’s revenue target at 2.3349 trillion won. The company is aiming to surpass 2 trillion won in annual revenue for the first time since its launch. To this end, it plans to establish a logistics hub in Singapore in the first half of the year to enhance logistics efficiency, and to open a branch office in Oslo, Norway in the second half to strengthen its sales capabilities targeting global shipowners.

The market environment is also favorable. As new ship orders have recently increased, demand for maintenance is expanding, and demand for eco-friendly retrofits is also steadily rising due to tighter environmental regulations such as greenhouse gas emissions reduction.

A representative of HD Hyundai Marine Solution said, “As the renewal cycle for Long-Term Service Agreements (LTSAs) comes due, their impact on our results will begin in earnest this year,” adding, “We will continue our growth trajectory by expanding our global network, segmenting the market, and responding swiftly to customer needs.”

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