HD Construction Equipment Announces 2025 Annual Performance

▶ HD Hyundai Construction Equipment and HD Hyundai Infracore post sales of KRW 3.7765 trillion and KRW 4.5478 trillion, respectively, in 2025
▶ Rising demand in emerging markets and growth of the engine business … recovery in global market conditions anticipated
▶ “Continuous growth to be driven by strengthening integrated synergies and region-specific sales strategies”

On February 6 (Fri.), HD Construction Equipment announced its fourth quarter and full-year performance for 2025, reflecting the pre-integration performance of HD Hyundai Construction Equipment and HD Hyundai Infracore.

HD Hyundai Construction Equipment recorded sales of KRW 3.7765 trillion and an operating profit of KRW 170.9 billion in 2025. While the company’s sales increased by 9.8% compared to the previous year due to the upswing of emerging markets, including Africa, and increased sales in developed markets, its operating profit decreased by 10.3% compared to the previous year, reflecting one-time expenses such as the restructuring of the China business.

In particular, noticeable growth was observed in emerging markets as well as in Europe and China. In emerging markets, sales increased by 21% compared to the previous year, driven by continued mining and infrastructure development. Sales in Europe and China also grew by 18% and 26%, respectively, boosted by improving demand.

HD Hyundai Infracore recorded sales of KRW 4.5478 trillion and an operating profit of KRW 286.4 billion last year. Its annual sales compared to the previous year increased by 10.5%, while its operating profit increased by 55.5%, a significant improvement driven largely by higher sales, increased selling prices, and reduced promotional expenses.

When examining each business segment, the construction equipment segment saw the growth in sales driven by increased infrastructure investment and resource development demand in emerging markets, particularly in Central and South America and Africa. Sales in developed markets, including North America and Europe, increased compared to the previous year supported by economic recovery and base effect, while sales in China rose by 56% due to the impact of business restructuring. 

The engine segment also maintained steady growth, supported by balanced growth in demand across product categories, including generators, defense, and vehicles. The company achieved sales of KRW 1.3264 trillion in the previous year, and recorded an operating margin of 14.3%, marking 3 consecutive years of double-digit operating margins. In addition, increase in sales is anticipated to be driven by the new engine plant in Gunsan, which will be completed this year.

An executive of HD Construction Equipment said, “We aim to strengthen our integration synergies and region-specific sales strategies in line with the recovery in global market conditions. We will also secure competitiveness in future technologies to promote sustained growth, while doing our utmost to diversify our revenue sources, with a focus on the aftermarket (AM), engine, and compact equipment businesses, which have high growth potential.”

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