1. HL D&I Q2 Earnings: Exceeding Expectations

HL D&I reported impressive Q2 2025 earnings, with revenue reaching ₩406.9 billion, operating profit at ₩19.8 billion, and net income at ₩8.8 billion, surpassing market projections. The company demonstrated substantial growth compared to both the same period last year and the previous quarter, raising hopes for a successful turnaround.

2. Drivers of Growth: Construction Sector Recovery and Steady Performance in Other Segments

This strong performance is attributed to improved profitability in the construction segment, coupled with consistent growth in other areas such as logistics, port operations, and environmental services. Notably, the construction segment saw enhanced profitability in the previously sluggish civil engineering division, driving overall results.

3. Investment Considerations: Sustainability of Construction Sector Gains and Real Estate PF Risk

Despite the positive results, investors should be mindful of certain risk factors. Continued monitoring is needed to assess the sustainability of the construction sector’s improved profitability and the potential impact of contingent liabilities related to real estate project financing (PF).

4. Investment Strategies: Maintaining Positive Momentum While Managing Potential Risks

While HL D&I’s Q2 results are encouraging, further financial analysis and sector-specific outlook assessments are recommended before making investment decisions. A balanced approach that maintains positive momentum while carefully managing potential risks is crucial.