DL E&C's operating profit in the third quarter was KRW 80.4 billion, a 31% decrease from the previous year.

COMPANY / Reporter Paul Lee / 2023-10-27 05:36:12
 

 

[Alpha Biz=(Chicago) Reporter Paul Lee] DL E&C's operating profit has been falling back this year. Following the first half of the year, the third quarter grew 30% year-on-year, failing to take care of internal stability.

DL E&C tentatively announced on the 26th that its operating profit in the third quarter of this year was 80.4 billion won, down about 31% from a year earlier. During the same period, sales also fell 0.62 percent to 1.8374 trillion won. The company also posted operating profit of 162 billion won in the first half of the year, down 37.7 percent from a year earlier.

Accumulated sales in the third quarter were 5.6581 trillion won and operating profit was 242.4 billion won. It is a 7.97% increase and a 35.65% drop from the same period last year, respectively. The cumulative new orders amounted to 10.6369 trillion won, up 43% from 7.4563 trillion won a year earlier.

DL E&C's consolidated debt ratio as of the end of the third quarter is around 91%. Usually, less than 200% is used as a health indicator.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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