What the company does
BHI designs, manufactures, and installs equipment used in power plants, including industrial boilers, heat-recovery steam generators (which capture exhaust heat from gas turbines to produce additional electricity), condensers, heat exchangers, and deaerators.
Listed on KOSDAQ, Korea's tech and small-cap exchange, it supplies power utilities, large construction firms, and steelmakers. The single largest share of its revenue comes from heat-recovery steam generators used in combined-cycle and cogeneration power plants, and every product is made to order rather than held as standard inventory.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$266.2M
- FY2024US$293.3M
- FY2025US$561M
Operating profit
- FY2023US$10.9M
- FY2024US$15.9M
- FY2025US$54.7M
Net income
- FY2023US$5.4M
- FY2024US$14.2M
- FY2025US$47.2M
Key ratios (FY2025)
Why it matters · Context, not a recommendation
BHI operates as a pure order-driven, project-based business, meaning revenue recognition depends on contract awards and project completion timelines rather than steady product shipments.
Filings
All disclosures · English when translatedPrice charts coming soon
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