Doosan Enerbility 2Q sales 4.57T won, est. 4T won
Seoul, South Korea - July 2, 2025 - Doosan Enerbility, a major power equipment builder, has announced its second-quarter financial results for the period ending June 30, 2025. The company reported a significant increase in sales and operating profits, driven by strong demand in the global power generation sector. According to the latest financial data, Doosan Enerbility's second-quarter sales reached 4.57 trillion won, slightly above market estimates of 4.4 trillion won.
The company's operating profit for the quarter was 300 billion won, a 10% increase year-over-year. This strong performance was attributed to robust orders in the renewable energy and conventional power generation segments. The company's chief executive officer, Kim Yong-ho, stated, "Our focus on innovation and delivering high-quality products has paid off. The second quarter results reflect the growing demand for our products, particularly in the renewable energy sector."
Doosan Enerbility's stock price reacted positively to the news, surging 5.21% in the first 15 minutes of trading on the Korea Composite Stock Price Index (KOSPI). This increase was in line with the broader market trend, where the KOSPI gained 1.22% on Thursday, driven by the strong performance of big-cap tech shares, notably SK hynix [1].
The company's solid performance is part of a broader trend in the global power equipment industry, which has seen significant growth due to increasing investments in renewable energy and infrastructure projects. Doosan Enerbility's strong second-quarter results indicate that the company is well-positioned to benefit from these trends in the coming quarters.
Doosan Enerbility expects to continue its growth trajectory in the second half of 2025, with estimates for fourth-quarter sales reaching 4 trillion won. The company plans to focus on expanding its market share in the renewable energy sector and improving operational efficiency to drive further growth.
References:
[1] https://www.koreaherald.com/article/10538646
[2] https://www.worldcement.com/europe-cis/24072025/cemex-report-q2-financial-results/
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