[Featured Stocks] HD Hyundai Group's 8 Companies Soar Together with 'All Businesses in the Black'

Holding Company HD Hyundai Operating Profit Up 86%
All 9 Group Listed Companies in the Black
Heavy Industries, Shipbuilding & Marine, Mipo Shipyard Hit 52-Week High

Stocks affiliated with HD Hyundai Group are rising together. This is interpreted as being influenced by the group's earnings announcement the previous day, which reported record-breaking performance with 'all businesses turning a profit.'

As of 9:12 a.m. on the 26th, HD Hyundai Heavy Industries is trading at 192,900 KRW, up 8.68% (15,400 KRW). This is an all-time high. HD Hyundai Heavy Industries' parent company, HD Korea Shipbuilding & Offshore Engineering (8.32%), and its subsidiary HD Hyundai Mipo Dockyard (5.46%) are also showing strong gains. All three stocks have again broken their 52-week highs. The holding company, HD Hyundai, is also up 4.56%.

Other HD Group affiliates are also rising together. HD Hyundai Electric (1.49%), HD Hyundai Construction Equipment (3.77%), HD Hyundai Infracore (2.83%), and HD Hyundai Marine Solutions (4.95%) are all on the rise. Only HD Hyundai Energy Solutions (-0.60%) is slightly down.

The previous day, HD Hyundai announced that its consolidated sales for the second quarter of this year reached 17.5549 trillion KRW, with an operating profit of 879.9 billion KRW. Compared to a year ago, sales increased by 12.4% and operating profit by 86.2%. Major businesses such as shipbuilding, vessels, and power equipment all showed favorable trends, and HD Hyundai Mipo Dockyard, which had been a 'pain point,' succeeded in turning a profit after seven quarters. All nine listed companies are profitable.