Doosan Enerbility Achieves Record-High Orders, Secures 23 Trillion Won Backlog

Doosan Enerbility announced on the 12th that it achieved a record-high order intake last year.

Park Jungwon, chairman of Doosan Group (second from left), visited the Doosan Enerbility plant in Changwon, Gyeongnam, on the 11th and toured the small modular reactor (SMR) manufacturing line. Doosan Group

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Specifically, the Enerbility division secured orders worth 14.7 trillion won, more than double the previous year, driven by projects such as the Czech nuclear power plant, North American gas turbines, and combined-cycle engineering, procurement and construction (EPC) projects.

The order backlog stands at 23 trillion won, about three times last year's revenue. Revenue and operating profit both increased year-on-year, supported by progress in combined-cycle power plant projects and higher sales in core businesses such as nuclear power and gas.

On a consolidated basis, revenue rose year-on-year to 17.058 trillion won. The main contributors were increased sales at Bobcat and Fuel Cell, along with Doosan Enerbility. Operating profit came to 762.7 billion won.

Doosan Enerbility expects further performance improvement going forward. For the Enerbility division, the company forecasts that order intake will grow from 13.3 trillion won this year to 16.04 trillion won in 2030. Over the same period, revenue is projected to increase from 7.4 trillion won this year to 11.7 trillion won.

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