Group 1 - DH Shipbuilding reported Q2 2023 revenue of 296 billion KRW (approximately 210 million USD, 1.53 billion CNY), a year-on-year increase of 16.7% [2] - The company achieved an operating profit of 62.5 billion KRW (approximately 45.11 million USD, 320 million CNY) in Q2 2023, representing a year-on-year growth of 84.4% [2] - DH Shipbuilding maintained an operating profit margin above 20% for the second consecutive quarter, ranking first among Korean shipbuilders, indicating stable profitability [2] Group 2 - For the first half of 2023, DH Shipbuilding's cumulative revenue reached 603.7 billion KRW (approximately 440 million USD, 3.07 billion CNY), with an operating profit of 132.2 billion KRW (approximately 97.16 million USD, 670 million CNY) [2] - The operating profit margin for the first half of 2023 was 21.9%, exceeding last year's full-year margin by over 7 percentage points [2] Group 3 - In 2024, DH Shipbuilding is projected to achieve annual revenue of 1,074.6 billion KRW (approximately 792 million USD, 5.656 billion CNY), a year-on-year increase of 32% [3] - The company expects an operating profit of 158.2 billion KRW (approximately 117 million USD, 830 million CNY) in 2024, with a growth rate of 340%, ranking second among large and medium-sized shipbuilders in Korea [3] - The operating profit margin is anticipated to reach 14.7%, an increase of over 10 percentage points compared to 2023 [3] Group 4 - DH Shipbuilding's recent performance is attributed to structural improvements over the past three years, rather than solely the recovery of the shipbuilding market [3] - The company has focused on high-value-added ship orders, internalizing segment production, maximizing equipment utilization, and implementing refined cost management [3] Group 5 - DH Shipbuilding has a backlog of orders worth approximately 30 trillion KRW (about 22 billion USD, 158 billion CNY), sufficient to meet three years of production needs [4] - The company plans to start building high-value shuttle tankers in the second half of the year, aiming to enhance production efficiency [5] Group 6 - DH Shipbuilding went public on the KOSPI on August 1, 2023, and achieved stable performance in its first quarter post-listing [5] - The company plans to use approximately 500 billion KRW (about 2.6 billion CNY) raised from the IPO to strengthen its shipbuilding competitiveness and establish a foundation for sustainable growth [5]