Dongbu Construction "Aiming for Performance Rebound through Cost Ratio Improvement"

Dongbu Construction held its 56th regular shareholders' meeting on the 25th at its headquarters in Yeoksam-dong, Gangnam-gu, Seoul.

At the shareholders' meeting, agenda items such as approval of the financial statements and appointment of directors were approved as originally proposed. Yoon Jin-oh, CEO of Dongbu Construction, stated, "Over the past year, we achieved steady performance in civil engineering, architecture, and plant sectors, mainly focusing on public construction projects, securing a stable sales base," and added, "We are promoting a performance rebound through continuous efforts to improve cost ratios."

On the 25th, the 56th regular shareholders' meeting is being held at the Dongbu Construction headquarters in Yeoksam-dong, Gangnam-gu, Seoul. Photo by Dongbu Construction

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He also said, "This year, we plan to concentrate the company's full capabilities on securing competitiveness through cost innovation," and added, "We will do our best to ensure stable growth and enhance shareholder value."

Dongbu Construction achieved consolidated sales of 1.6884 trillion won last year. As of the end of last year, the order backlog amounted to approximately 10.6 trillion won.

A Dongbu Construction official said, "Along with improving performance this year, we will prioritize safety and quality as our top values to maintain our reputation as a trusted construction company," and added, "We aim to focus on establishing a virtuous cycle structure that leads to high-quality orders and an increase in corporate value."

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