Hyosung Heavy Industries
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Hyosung Heavy Industries makes heavy electrical and industrial equipment.
Its core products are power transformers, circuit breakers, and other gear used in electricity transmission and distribution, and it also builds gas-insulated switchgear and energy-storage and hydrogen-related systems. The company serves utilities and industrial customers in Korea and export markets. It is part of South Korea's Hyosung group.
Summary is AI-generated and may contain errors · figures from DART filings
It is the heavy-industry arm of the Hyosung group, a Korean conglomerate active in industrial materials and machinery.
Hyosung Heavy Industries in five facts
What does Hyosung Heavy Industries do?
Hyosung Heavy Industries makes heavy electrical and industrial equipment.
Where is Hyosung Heavy Industries listed and in which sector?
Hyosung Heavy Industries (Korean name: 효성중공업) trades under KRX code 298040 on KOSPI, the main board of the Korea Exchange. It is classified in the Industrials sector, Electrical Equipment.
How large is Hyosung Heavy Industries?
Its market capitalisation was US$13.7B on 2026-10-21, which puts it in this site's large-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Hyosung Heavy Industries's latest annual revenue and operating profit?
For fiscal year 2025, Hyosung Heavy Industries reported revenue of US$4.5B, operating profit of US$563.8M and net income of US$379.5M, per its annual report on DART (data retrieved from DART on 2026-06-03). Revenue was up 21.9% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-06-03
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- [Amended] Supply contract signed
Hyosung Heavy Industries updated a previously disclosed supply contract, now worth US$283M, about 8.91% of its recent annual revenue, running through Jan 2032.
Supply contract · Sep 30 - Change in shares held by the largest shareholderSep 29
- Report on securities held by executives/major shareholdersSep 29
- Report on large shareholdings (5% rule) (standard)Sep 29
- Clarification of rumor or media report (unconfirmed)Sep 18
- Supply contract signed
Hyosung Heavy Industries disclosed a supply contract with HICO America Sales & Tech,Inc., worth US$122M, about 2.79% of its recent annual revenue, running through Aug 2028.
Supply contract · Sep 15 - Supply contract signed
Hyosung Heavy Industries disclosed a supply contract with HICO America Sales & Tech,Inc., worth US$161M, about 3.69% of its recent annual revenue, running through Feb 2029.
Supply contract · Sep 15 - [Amended] Supply contract signed
Hyosung Heavy Industries updated a previously disclosed supply contract with GTX-C Co., Ltd., now worth US$108M, about 4.13% of its recent annual revenue.
Supply contract · Sep 14 - Operating results (consolidated) (preliminary) (fair disclosure)
Hyosung Heavy Industries filed provisional (unaudited) consolidated results for Q2 2026: revenue of US$1.19B (+10.6% year on year), operating profit of US$186M (+60.89% year on year) and net income of US$121M (+96.61% year on year).
Earnings · Jul 31 - [Amended] Supply contract signed
Hyosung Heavy Industries updated a previously disclosed supply contract with Korea Land & Housing Corp. (LH), now worth US$59M, about 2.5% of its recent annual revenue, running through May 2027.
Supply contract · Jul 15 - Supply contract signed
Hyosung Heavy Industries disclosed a supply contract with Dapsimni Automobile Parts Market Urban Improvement-type Redevelopment Project Association, worth US$354M, about 9.09% of its recent annual revenue.
Supply contract · Jun 23 - [Amended] Supply contract signed
Hyosung Heavy Industries updated a previously disclosed supply contract with Sangok Urban Environment Improvement Project Association, now worth US$381M, about 19.63% of its recent annual revenue.
Supply contract · Jun 22 - Operating results (consolidated) (preliminary) (fair disclosure)
Hyosung Heavy Industries filed provisional (unaudited) consolidated results for Q1 2026: revenue of US$918M (+26.21% year on year), operating profit of US$103M (+48.77% year on year) and net income of US$61.7M (−11.87% year on year).
Earnings · Apr 24 - Supply contract terminatedSupply contract · Apr 17
- Supply contract signed
Hyosung Heavy Industries disclosed a supply contract, worth US$96.8M, about 2.91% of its recent annual revenue, running through Dec 2027.
Supply contract · Mar 11 - [Amended] Supply contract signed
Hyosung Heavy Industries updated a previously disclosed supply contract, now worth US$261M, about 8.66% of its recent annual revenue, running through Jan 2032.
Supply contract · Feb 26 - Cash/in-kind dividend decision
Hyosung Heavy Industries declared a cash dividend of US$5.21 per share.
Dividend · Feb 25 - Supply contract signed
Hyosung Heavy Industries disclosed a supply contract with a company, worth US$120M, about 3.53% of its recent annual revenue, running through Dec 2030.
Supply contract · Feb 12 - [Amended] Supply contract signed
Hyosung Heavy Industries updated a previously disclosed supply contract, now worth US$77.9M, about 3.24% of its recent annual revenue, running through May 2028.
Supply contract · Feb 10 - Supply contract signed
Hyosung Heavy Industries disclosed a supply contract with HICO America Sales & Tech,Inc., worth US$540M, about 16.08% of its recent annual revenue, running through Jan 2031.
Supply contract · Feb 10 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)Earnings · Jan 30
- Operating results (consolidated) (preliminary) (fair disclosure)Earnings · Jan 30
- [Amended] Supply contract signedSupply contract · Jan 8
- Supply contract signedSupply contract · Jan 2