What the company does
Korea District Heating supplies hot water and heat through underground pipe networks to warm homes, offices, and other buildings across Korea, a system known as district heating, where a central plant distributes thermal energy rather than each building running its own boiler.
Residential complexes, commercial buildings, and public facilities are its primary customers. The company is listed on KOSPI, Korea's main stock exchange, and operates as a public utility, meaning its service area and pricing are subject to government oversight.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue · FY2025
US$2.9B
▲ +12.0% YoY
Operating profit · FY2025
US$383.8M
▲ +61.5% YoY
Net income · FY2025
US$245.6M
▲ +61.5% YoY
Revenue
- FY2023US$2.9B
- FY2024US$2.6B
- FY2025US$2.9B
Operating profit
- FY2023US$228.1M
- FY2024US$237.6M
- FY2025US$383.8M
Net income
- FY2023US$144.5M
- FY2024US$152.1M
- FY2025US$245.6M
Key ratios (FY2025)
ROE
14.7%
Debt/Eq
257.6%
Op. margin
13.3%
Net margin
8.5%
Rev. YoY
▲ +12.0%
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