1. What Happened in H1 2025?
DYPNF recorded KRW 107.6 billion in revenue, KRW 14.9 billion in operating profit, and KRW 11.8 billion in net profit for the first half of 2025. These figures represent significant growth compared to the same period last year.
2. What’s Behind the Surprising Earnings?
This positive performance is attributed to growth in the E&R and environmental businesses, as well as new contracts with major domestic companies. The numerous contracts secured in 2024, in particular, have significantly contributed to a stable revenue base. The company’s successful turnaround after overcoming the negative impact of previous contract cancellations is also noteworthy.
3. So, What’s the Investment Strategy?
Considering DYPNF’s current stock price trend and market conditions, the investment appeal appears high. However, potential risk factors such as increasing accounts receivable and inventories, as well as a growing trend in current liabilities, should be carefully monitored. Investors should also consider the company’s strategy for addressing macroeconomic volatility, including the possibility of a global economic downturn.
- Investment Opinion: Buy (Preliminary)
4. Key Checkpoints for Investors
Before making an investment decision, carefully review the following:
- Recent quarterly earnings trends
- Growth prospects for E&R and environmental businesses
- Status of accounts receivable and inventory management
- The company’s strategy for dealing with macroeconomic volatility