Enerbility Division Orders Reach 7.1 Trillion KRW
Target Set at 10.7 Trillion KRW for This Year
Doosan Enerbility announced on the 17th that its consolidated operating profit for last year was tentatively estimated at 1.0176 trillion KRW, a 30.6% decrease compared to the previous year.
Sales decreased by 7.7% to 16.2331 trillion KRW, and net profit also fell by 23.7% to 394.7 billion KRW compared to the previous year.
Orders in the Enerbility division were recorded at 7.1314 trillion KRW. This figure exceeded the initial plan, and the company evaluated it as "an achievement accomplished through gas turbines and combined EPC without large nuclear power plants."
The Airbility division posted an operating profit of 243.6 billion KRW and sales of 7.3668 trillion KRW. Operating profit rose by 0.4% compared to last year, while sales declined by 3.7%.
The company plans to actively shift its equipment business portfolio to focus on nuclear and gas in response to changes in the global energy business environment this year. In particular, it intends to expand key core projects, including the Czech nuclear power plant.
Through this, the company aims to achieve 10.7 trillion KRW in orders for the Enerbility division this year. The sales and operating profit targets are set at 6.6 trillion KRW and 373.2 billion KRW, respectively.
In the mid to long term, the company expects electricity demand to continue increasing due to electrification and plans to expand its business in line with the trend of expanding carbon-free energy.
It plans to achieve 13.5 trillion KRW in orders by 2029. The sales and operating profit targets are set at 11.3 trillion KRW and 1.0079 trillion KRW, respectively.
A company official stated, "In the mid to long term, we expect to simultaneously achieve both external growth and profitability improvement."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
