Hyundai Engineering holds ₩9,882.6bn of assets, equal to 35.6% of Hyundai E&C's consolidated total, and is not separately listed.
Operating cash flow has been negative in every year since FY2021, and the first half of 2026 alone consumed ₩1,677.1bn.
Hyundai E&C's first-half revenue fell 13.5% to ₩13,123.6bn, while operating income rose slightly to ₩442.7bn and margin improved to 3.4%.
A worker died after falling at a site operated by Hyundai Engineering & Construction Co., Ltd.
Hyundai Engineering & Construction Co., Ltd.
Hyundai Engineering & Construction Co., Ltd.
Hyundai Engineering & Construction (000720) raised the value of a Saudi Aramco offshore gas project contract by 12.3% to 1,664.4 billion won (~$1.2bn), the company said in a filing dated August 31.
| Period | 000720 | KOSPI | Difference |
|---|---|---|---|
| 1 week | -7.1% | -1.5% | -5.6% |
| 1 month | +17.9% | +5.2% | +12.8% |
| 3 months | -12.4% | -22.6% | +10.2% |
| 6 months | -5.7% | +31.3% | -37.0% |
| Year to date | +70.8% | +58.7% | +12.1% |
| 1 year | +99.8% | +108.9% | -9.1% |
Closed at 49% of the way from its 52-week low (₩54,400) to its 52-week high (₩188,700).
Hyundai E&C is building part of Saudi Aramco's Marjan offshore oil and gas project. On August 31 it raised the contract price to 1,664.4 billion won. The old price was 1,481.6 billion won. That is an increase of 182.9 billion won, or about 12.3%. The contract was first signed in 2019 and this is at least the seventh amendment since then. The new end date is March 2027. The filing does not explain what drove the increase.
Hyundai Engineering & Construction is Korea's oldest and best-known builder, the company that built much of the country's post-war infrastructure and then exported that capability to the Middle East from the 1970s onward. Today it does three things: apartment blocks in Korea under the Hillstate brand, large overseas engineering and construction projects such as refineries, petrochemical plants and power stations, and civil infrastructure. It is majority-owned by Hyundai Motor Group and consolidates Hyundai Engineering, a separate design and plant contractor. Two things distinguish it from a US homebuilder. Korean apartments are pre-sold before construction and revenue is recognised as the building goes up, so results reflect projects sold two or three years earlier. And the company has positioned itself for nuclear work, including small modular reactors, in partnership with American developers.
| Sector | Construction | Employees | |
| Market | KOSPI | Founded | |
| Korean name | 현대건설 | Head office |
| Symbol | Last Price |
|---|---|
| 028050Samsung E&A Co., Ltd. | ₩45,850 -0.5% |
| 047040Daewoo Engineering & Construction Co., Ltd. | ₩16,850 +0.6% |
| 052690KEPCO Engineering & Construction | ₩107,600 +0.2% |
| 022100POSCO DX | ₩21,650 +1.2% |
| 006360GS Engineering & Construction Corp. | ₩34,250 +1.9% |
| 375500DL E & C Co., Ltd. | ₩73,400 +1.2% |
| 051600KEPCO Plant Service & Engineering | ₩45,800 +1.1% |
| 475150SK eternix | ₩52,000 +4.6% |
| 060370LS Marine Solution | ₩30,900 +4.0% |
| 294870Ipark Hyundai Development Company | ₩23,300 +0.4% |