Doosan Bobcat's Q2 Operating Profit Drops 49% to 239.5 Billion KRW YoY
Kim Jisun
stockmk2020@alphabiz.co.kr | 2024-07-25 03:39:36
(Photo= Yonhap news)
[Alpha Biz= Reporter Kim Jisun] Doosan Bobcat announced on the 24th that its preliminary revenue for the second quarter was KRW 2.2366 trillion, with an operating profit of KRW 239.5 billion.
This represents a 16.3% decrease in revenue and a 48.7% decrease in operating profit compared to the same period last year. The operating profit margin was 10.7%. The decline is attributed to the high base set by record-breaking performance last year and a slowdown in demand.
Additionally, Doosan Bobcat resolved to pay a quarterly dividend of KRW 800. The dividend record date is June 30.
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