Ipark Hyundai Development
IPARK현대산업개발 · 294870
Industrials Construction & Engineering · KOSPI
Market cap US$942.8M (₩1.3T)
Overview
Ipark Hyundai Development builds homes, roads, railways, and commercial buildings across South Korea under its flagship residential brand, IPARK.
Its clients range from private homebuyers and property developers to government bodies and public agencies commissioning infrastructure such as highways and high-speed rail. Listed on KOSPI, South Korea's main stock exchange, the company operates across four construction segments, contract housing, civil engineering, general building, and self-developed projects, alongside smaller units covering precast concrete production, hotel operations, and real estate investment through REITs.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$3B
- FY2024US$3.1B
- FY2025US$3B
Operating profit
- FY2023US$141.5M
- FY2024US$133.8M
- FY2025US$180.2M
Net income
- FY2023US$125.3M
- FY2024US$112.8M
- FY2025US$114.6M
Key ratios (FY2025)
Why it matters
The company consolidates several subsidiaries, including HDC Hyundai PC Engineering, Hotel HDC, and two managed real-estate investment trusts, under a single reporting group per Korean accounting standards.
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