Hyundai Engineering & ConstructionLtd Full Year 2024 Earnings: Misses Expectations

Hyundai Engineering & ConstructionLtd (KRX:000720) Full Year 2024 Results

Key Financial Results

• Revenue: ₩33t (up 10% from FY 2023).
• Net loss: ₩168.7b (down by 132% from ₩535.9b profit in FY 2023).
• ₩1,501 loss per share (down from ₩4,767 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hyundai Engineering & ConstructionLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Construction industry in South Korea are expected to grow by 1.8%.

Performance of the South Korean Construction industry.

The company's shares are down 8.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Hyundai Engineering & ConstructionLtd that you need to be mindful of.

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