HD Hyundai Construction Equipment, Quarterly Sales Near 1 Trillion.. Market Recovery

[Financial News] HD Hyundai Construction Equipment announced on the 24th that it recorded sales of 967.7 billion won and an operating profit of 40 billion won in the second quarter of 2025.
Sales increased by 13.4% year-on-year due to the growth of emerging markets driven by resource and infrastructure development demand and the recovery of the Chinese market. Operating profit decreased by 31.6% due to one-time costs of 21.3 billion won, including the restructuring of the Chinese business announced last April.
By region, the growth of emerging markets and the recovery trend in China, along with solid demand in India, continue. In advanced markets, a gradual rebound is seen, particularly in some European countries like the UK and Italy, indicating the global market may be entering a recovery phase.
In emerging markets such as Africa, the Middle East, and Indonesia, sales increased by 32% year-on-year, driven by increased demand for mining and infrastructure development. China continued its recovery with a 77% year-on-year sales growth due to domestic stimulus policies and increased overseas orders.
India maintained solid demand with ongoing infrastructure investment, keeping sales at last year's level. Brazil saw a decrease in sales due to external factors such as interest rate hikes, but a rebound in sales is expected in the second half with the launch of the new HX excavator and expanded purchase support programs.
In advanced markets, North America saw a 23% increase in sales compared to the previous quarter, and Europe saw a 5% increase, showing signs of stabilization and rebound in demand flow.
HD Hyundai Construction Equipment plans to expand sales in advanced markets in the second half by strengthening sales channels, expanding ADT (Articulated Dump Truck) sales, and launching new models of skid steer loaders and compact track loaders to improve the product mix.
A representative from HD Hyundai Construction Equipment stated, "As the construction equipment market is expected to enter a recovery phase this year, we will expand sales through region-specific portfolios," adding, "We will continue to strengthen our position in emerging markets and secure profitability through the utilization of global production bases."
 


ggg@fnnews.com Kang Gu-gwi Reporter