Group 1: Company Performance - HD Korea Shipbuilding & Marine Engineering reported Q2 revenue of 74,284 billion KRW (approximately 5.34 billion USD), a year-on-year increase of 12.3% [2] - The company achieved an operating profit of 9,536 billion KRW (approximately 686 million USD), reflecting a significant year-on-year growth of 153.3% [2] - For the first half of the year, the company recorded total revenue of 142,001 billion KRW (approximately 10.06 billion USD) and an operating profit of 18,128 billion KRW (approximately 1.28 billion USD) [2] Group 2: Business Segments - The shipbuilding segment generated Q2 revenue of 62,549 billion KRW (approximately 4.5 billion USD), with a year-on-year growth of 9.3% and an operating profit of 8,056 billion KRW (approximately 580 million USD), up 104.5% [2][3] - The engine machinery segment saw revenue of 7,740 billion KRW (approximately 557 million USD), a 29.6% increase, and an operating profit of 2,011 billion KRW (approximately 145 million USD), up 120.7% [4] - The offshore equipment segment achieved revenue of 2,479 billion KRW (approximately 178 million USD) and an operating profit of 375 billion KRW (approximately 27 million USD) [5] Group 3: Order Intake and Market Outlook - As of now, the company has secured 82 new ship orders worth 112.2 billion USD, achieving 62.2% of its annual order target of 180.5 billion USD [6] - The overall performance in Q2 indicates a significant improvement in the profitability foundation of the shipbuilding industry, with expectations for continued steady growth in the second half of the year [5][6] - HD Modern Group reported Q2 revenue of 172,111 billion KRW (approximately 12.38 billion USD), with a year-on-year decrease of 2.0%, but an operating profit increase of 29.4% [6][7]

Group 1 - HD Hyundai Heavy Industries announced a contract for the construction of two 2800TEU container ships with a total value of 156.4 billion KRW (approximately 114 million USD) [2] - The new ships will be built at HD Hyundai's Ulsan facility and are scheduled for delivery by the end of 2027 [2] - The contract includes features such as a desulfurization device and a design for future installation of onboard CO2 capture technology [2] Group 2 - Capital Maritime & Trading, owned by Greek shipping magnate Evangelos Marinakis, has ordered a total of 10 ships from HD Hyundai this year, including the latest two [2][3] - HD Hyundai Heavy Industries has secured 82 new ship orders worth 11.22 billion USD (approximately 803 billion RMB) in 2023, achieving 62.2% of its annual order target of 18.05 billion USD (approximately 1300 billion RMB) [3] - The orders include various types of vessels, such as LNG carriers, container ships, and LPG/Ammonia carriers [3] Group 3 - HD Hyundai's Ulsan facility specializes in medium-sized vessels and has a strong position in the global medium-sized container ship market [3] - The company has made significant advancements in eco-friendly ship development, including the delivery of the world's first methanol-powered container ship in 2023 [3] Group 4 - Despite the strong order book, HD Hyundai's Ulsan facility reported an operating loss of 166.2 billion KRW (approximately 125 million USD) in 2023, making it the only subsidiary of HD Hyundai Heavy Industries to incur a loss that year [4] - In 2024, the facility managed to achieve an operating profit of 88.5 billion KRW (approximately 65.2 million USD), but this was significantly lower compared to other subsidiaries [5] - In Q1 2023, the Ulsan facility reported an operating profit of 68.5 billion KRW (approximately 34.8 million RMB), still trailing behind other subsidiaries' profits [5]

Group 1 - HD Hyundai Heavy Industries announced contracts for the construction of 2 ultra-large container ships with a total value of 559.6 billion KRW (approximately 3.9 million USD) [2] - The ships will be built at HD Hyundai's facility in Jeollanam-do and are scheduled for delivery in the first half of 2028 [2] - The orders are reportedly from Wan Hai Lines, Taiwan's third-largest shipping company, as part of a previous agreement for 4 similar vessels [2] Group 2 - In addition to the recent orders, HD Hyundai Heavy Industries has secured a total of 31 new ship orders worth 4.89 billion USD in 2023, achieving 27.1% of its annual target of 18.05 billion USD [3] - The company has seen a resurgence in container ship demand, with a total of 28 container ship orders worth 4.5 billion USD secured in the second half of last year [3] - As of this year, over 50% of the container ships ordered by HD Hyundai Heavy Industries are accounted for by 16 vessels [3]