Doosan Engineering & Construction, third quarter operating profit of 27.1 billion won... 40% decrease compared to the previous year

Doosan Engineering & Construction's operating profit in the third quarter decreased by about 40% compared to the same period last year.

According to the Financial Supervisory Service's electronic disclosure on the 14th, Doosan Construction's operating profit on a consolidated basis in the third quarter of this year (July to September) was 27.1 billion won, a 39.4% decrease from the same period last year (44.7 billion won).

Sales decreased by 18.8% from 464.2 billion won to 377 billion won.

Net profit was 23.8 billion won, a 15.9% decrease compared to the same period last year (28.3 billion won).

As of the third quarter, cumulative operating profit increased by 1.4% to 99.7 billion won. As a result, the operating profit margin was calculated to be 8.7%.

Cumulative sales decreased by 14.3% to 1.1415 trillion won.

The amount of orders received in the city maintenance sector so far this year is approximately 4 trillion won.

An official from Doosan Engineering & Construction said, “We expect to achieve the largest-scale construction selection performance ever, as there are still business sites that are expected to select additional constructors by the end of the year.”