DH Shipbuilding reports strong nine-month profit growth

South Korea’s DH Shipbuilding reported strong financial results for the first nine months of 2026, supported by higher-value vessel construction and improved shipyard productivity.

The shipbuilder recorded cumulative revenue of KRW 990.4 billion and operating profit of KRW 260.6 billion through September, achieving an operating profit margin of 26.3%.

For the third quarter alone, revenue reached KRW 327.7 billion, while operating profit stood at KRW 82.7 billion.

The company attributed its earnings performance to the construction of higher-priced vessels ordered in 2024, alongside productivity improvements from building established vessel designs.

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