Daewoo E&C Reports Q4 Operating Profit of 204.3 Billion KRW, Down 19% YoY

[Asia Economy Reporter Minji Lee] Daewoo Engineering & Construction announced on the 27th that its operating profit for the fourth quarter of last year was 204.3 billion KRW, down 19% compared to the same period last year. Sales increased by 6% to 2.4387 trillion KRW, and net profit decreased by 3.3% to 108.6 billion KRW.

Additionally, the company stated in its earnings forecast disclosure that it expects to achieve sales of 10 trillion KRW and new orders of 12.2 trillion KRW this year.