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Doosan Enerbility posts 809 billion won in operating profit through Q3, up 46.9% year-on-year

Doosan Enerbility posts 809 billion won in operating profit through Q3, up 46.9% year-on-year

Visitors tour the Doosan Enerbility booth at 'Smart Energy Plus 2026' at COEX in Gangnam-gu, Seoul, Thursday. / MoneyToday photo by Kim Chang-hyun
Visitors tour the Doosan Enerbility booth at 'Smart Energy Plus 2026' at COEX in Gangnam-gu, Seoul, Thursday. / MoneyToday photo by Kim Chang-hyun

Doosan Enerbility said Thursday that its consolidated revenue for the first three quarters of this year reached 13.4354 trillion won, and operating profit was 809 billion won, representing increases of 10.1% and 46.9%, respectively, compared to the same period last year.

The improvement in performance was driven by the expansion of Doosan Enerbility's project revenue and the strong results of its subsidiary, Doosan Bobcat. Net profit for the same period rose 97.6% year-on-year to 301.5 billion won.

The cumulative order intake for the Energy division (including overseas subsidiaries on a management basis) for the first three quarters reached 9.999 trillion won, achieving approximately 75.2% of the annual target of 13.3 trillion won.

Major orders include △construction work for the Oman Mispah gas combined-cycle power plant △a contract to manufacture key equipment for TerraPower's small modular reactor (SMR) △construction work for the Hadong combined-cycle power plant △and construction work for the Vietnam Omon 3 gas combined-cycle power plant. As of the end of the third quarter this year, the order backlog stood at 26.5805 trillion won, an increase of approximately 1 trillion won from the previous quarter.

Doosan Enerbility plans to continue its growth trend centered on core businesses such as large-scale nuclear power plants, SMRs (small modular reactors), and gas turbines.

A Doosan Enerbility official said, "We are maintaining solid performance based on improved profitability in the Energy division and consistent order intake results. Leveraging our competitiveness in key businesses such as nuclear power and gas turbines, we will continue to strive to achieve our annual order target."

"This article was translated using AI and may differ slightly from the original."