HD Construction Equipment Reports 88% Profit Surge Following Merger Synergies

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HD Construction Equipment has reported a sharp 88% year-on-year surge in operating profit, marking a strong performance in its first earnings report after the merger of its key business units. The company posted operating profit of approximately 190.7 billion won, supported by improved efficiency and robust global demand.

Revenue for the quarter rose by around 22% to 2.3 trillion won, reflecting strong growth across both construction equipment and engine segments. The company attributed the profit jump largely to merger-driven synergies, including integration of production, sales, and supply chain operations, which helped reduce costs and improve margins.

Growth was observed across global markets, with particularly strong demand from emerging regions such as the Middle East, Africa, and Latin America, along with steady expansion in North America and Europe. Increased sales of large-scale mining equipment and infrastructure-driven demand further supported performance.

Industry analysts note that the merger has enhanced operational efficiency, reduced delivery times, and strengthened competitiveness in the global construction equipment market.

The company remains optimistic about sustaining growth through continued infrastructure investments and expansion of its equipment and engine business segments.

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