Doosan Posts Second-Quarter Operating Profit of 488.4 Billion Won, Up 37.8% Year-on-Year

Electronics BG Posts Record Quarterly Results
Exceeds Market Forecasts by 8.5%
Aims for 3.2 Trillion Won in Core Business Sales in the Second Half

Doosan Corporation achieved earnings in the second quarter that exceeded market expectations, driven by the growth of the artificial intelligence (AI) and semiconductor markets. The Electronics BG division, which handles electronic materials for AI data centers and high-performance semiconductors, posted its highest-ever quarterly results, leading to increased profitability.

Doosan CI.

Doosan Corporation announced on July 27 that its consolidated provisional results for the second quarter of this year were sales of 5.5861 trillion won and operating profit of 488.4 billion won. Compared to the same period last year, sales increased by 5.0% and operating profit rose by 37.8%. Net profit grew by 129.7% to 535.6 billion won.

The operating margin improved by 2.0 percentage points, rising from 6.7% in the same period last year to 8.7% in the second quarter of this year.

The company's core business achieved its highest-ever quarterly results, with sales of 765.2 billion won and operating profit of 212.0 billion won, supported by growing demand for AI servers, high-performance memory semiconductors, and electronic materials for networks. The operating margin reached 27.7%.

Doosan plans to expand the supply of high-profit products in the second half of this year based on robust demand in the AI and semiconductor markets and the full-scale production of new expansion facilities, targeting annual core business sales of about 3.2 trillion won.

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