Hyundai E&C May Post Below-Consensus 2Q Earnings -- Market Talk

Dow Jones

2025/07/11

0546 GMT - Hyundai Engineering & Construction could post below-consensus 2Q earnings partly due to increased costs for safety and quality-control measures at housing construction sites in South Korea, Mirae Asset Securities analyst Kim Ki-ryong writes in a note. The company's operating profit is forecast to have risen 36% on year to 201 billion won for the April-June period, missing the market consensus estimate of 227 billion won, Kim says. Still, he expects Hyundai's earnings to improve gradually in 2H for a profit turnaround in 2025. He is positive about Hyundai's ongoing joint bids with its U.S. partners, such as Holtec International and Westinghouse Electric, to build nuclear power plants overseas. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

July 11, 2025 01:46 ET (05:46 GMT)

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The company's operating profit is forecast to have risen 36% on year to 201 billion won for the April-June period, missing the market consensus estimate of 227 billion won, Kim says. Still, he expects Hyundai's earnings to improve gradually in 2H for a profit turnaround in 2025. He is positive about Hyundai's ongoing joint bids with its U.S. partners, such as Holtec International and Westinghouse Electric, to build nuclear power plants overseas. 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The company's operating profit is forecast to have risen 36% on year to 201 billion won for the April-June period, missing the market consensus estimate of 227 billion won, Kim says. Still, he expects Hyundai's earnings to improve gradually in 2H for a profit turnaround in 2025. He is positive about Hyundai's ongoing joint bids with its U.S. partners, such as Holtec International and Westinghouse Electric, to build nuclear power plants overseas. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"POST":"Post Holdings"},"translate_title":"现代E&C第二季度盈利可能低于市场预期——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POST":1},"content_text":"0546 GMT - Hyundai Engineering & Construction could post below-consensus 2Q earnings partly due to increased costs for safety and quality-control measures at housing construction sites in South Korea, Mirae Asset Securities analyst Kim Ki-ryong writes in a note. The company's operating profit is forecast to have risen 36% on year to 201 billion won for the April-June period, missing the market consensus estimate of 227 billion won, Kim says. Still, he expects Hyundai's earnings to improve gradually in 2H for a profit turnaround in 2025. 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