HD Hyundai Construction Equipment Posts Q3 Operating Profit of 55.8 Billion Won, Up 30% Year-on-Year

Sales Reach 954.7 Billion Won, Up 17% Year-on-Year
Emerging Market Demand Rises, Led by Mining Equipment
"Advancing Customized Product Portfolios by Region"

HD Hyundai Construction Equipment reported improved performance in the third quarter of this year, driven by factors such as increased demand for mining equipment and growth in emerging markets.

On October 29, HD Hyundai Construction Equipment announced through a public disclosure that it recorded sales of 954.7 billion won and an operating profit of 55.8 billion won in the third quarter of 2025. Sales rose 16.9% compared to 816.8 billion won in the same period last year, while operating profit increased 29.8% from 43 billion won a year earlier. Sales of high-margin products expanded in advanced markets such as North America and Europe, resulting in a 32% increase in European sales and an 8% rise in North American sales, respectively.

In emerging markets, most regions experienced growth, fueled by increased demand for mining equipment, infrastructure investment, and a robust construction industry. Notably, Africa recorded a 216% year-on-year increase in sales. The company expanded orders in countries with high demand for gold mining and infrastructure development equipment, such as Ethiopia and Sudan. In South America, including Ecuador, profitability improved as the proportion of large equipment sales increased.

In the Chinese market, demand for compact equipment grew, and there was also replacement demand for equipment. In India, after a period of rapid growth, equipment sales slightly decreased. In Brazil, with the presidential election scheduled for 2026, the number of small- and medium-sized construction projects has increased, resulting in a temporary expansion of demand for construction equipment.

A representative from HD Hyundai Construction Equipment stated, "The construction equipment market has shifted to a recovery phase, following a rebound in the second quarter's results. We plan to strengthen our cost competitiveness through production specialization at each global production base and to establish a customized product portfolio for each region."