1. Heelim’s Q2 Performance: What Happened?

Heelim reported revenue of KRW 60 billion, operating profit of KRW 2.7 billion, and net profit of KRW 1.5 billion for Q2 2025. While revenue saw a slight increase compared to the previous quarter, both operating and net profits decreased. Compared to Q4 2024, all three figures show a decline.

2. Analyzing the Drivers of Change: Why These Results?

The likely culprits behind the declining profitability despite increased revenue are rising interest rates and raw material price volatility. Due to the nature of long-term projects, rising interest rates and material costs have a direct impact on profitability. Additionally, while the corrections made to the business report regarding treasury stock holdings and the status of single sales/supply contract disclosures improve transparency, they can also introduce short-term stock price volatility.

3. Heelim’s Future Outlook and Investment Strategies: What’s Next?

Large-scale projects like the Gadeokdo New Airport and Lusail Tower in Qatar are poised to be long-term growth drivers for Heelim. However, the current macroeconomic uncertainties, including high interest rates, raw material price volatility, and exchange rate fluctuations, pose risks to investors. Therefore, focusing on Heelim’s long-term growth potential rather than short-term stock fluctuations is crucial. Continuous monitoring of macroeconomic indicators and profitability improvements is essential.

4. Action Plan for Investors

  • Assess whether to invest in Heelim’s growth potential from a long-term perspective.
  • Continuously monitor macroeconomic indicators and profitability improvements.
  • Consult with financial advisors and consider diversifying your investments before making any decisions.