Please note that this data is prepared for the convenience of investors, and some of the contents may change according to the results of external audits.
This material is prepared as reference material for investors to make investment decisions, and we do not provide any guarantees to investors or assume responsibility for the contents of this material. In addition, we trust that our investors' investments will be made based on their independent and independent judgment.
The financial information in this document is based on Managerial consolidated1), IFRS consolidated, and IFRS parent basis.
Achieved 60% of FY23 order target thanks to Shin-hanul #3/4 nucelar and Kazakhstan CCPP
Sales and EBIT improved YoY based on continuous increase of new orders and backlog
Turnaround on net income achieved by improved profitability with no one-off loss impact
Net Debt decreased thanks to sales of Bobcat shares and Advance Payments received
Temporary increase of Liability/Equity ratio due to Advance Payments received
Orders
3,157
5,164
+63.6%
4,305
859
-80.0%
Backlog
13,993
16,375
+17.0%
17,323
16,375
-5.5%
Sales
2,900
3,469
+19.6%
1,663
1,806
+8.6%
EBIT
110
119
+8.4%
85
33
-60.8%
(%)
3.8%
3.4%
-0.4%p
5.1%
1.8%
-3.3%p
EBITDA
199
188
-5.5%
121
66
-45.5%
Net Profit
-260
34
+2,944
37
-3
-394
Net Debt
2,570
1,961
-6,085
2,878
1,961
-9,166
Liability/Equity
118.6%
129.3%
+10.7%p
119.6%
129.3%
+9.7%p
3
2023 2Q Results Summary - Consolidation
Sales increased by 26% YoY by sales growth of Doosan Enerbility and Bobcat
EBIT increased by 65% YoY driven by margin improvement from Enerbility, Bobcat and FuelCell
Turnaround achieved thanks to improved profitability with no one-off loss impact
Net Debt decreased thanks to sales of Bobcat shares and Advance Payments received
Sales
6,839
8,580
+25.5%
4,041
45,394
+12.3%
EBIT
520
859
+65.3%
365
4,946
+35.7%
(%)
7.6%
10.0%
+2.4%p
9.0%
10.9%
+1.9%p
EBITDA
678
1,044
+53.9%
457
5,870
+28.6%
Net Profit
-114
434
+5,470
171
2,628
+921
Net Debt
3,405
2,346
-10,587
3,484
23,460
-11,375
Liability/Equity
128.7%
129.5%
+0.8%p
128.6%
129.5%
+0.9%p
4
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Doosan Enerbilit Co. Ltd. published this content on 10 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2023 06:16:05 UTC.
Doosan Enerbility, formerly Doosan Heavy Industries & Construction Co Ltd, is a Korea-based company principally engaged in the industrial equipment manufacture business. The Company operates its business through six segments. The Doosan Bobcat Business segment is engaged in the manufacture and sale of construction machinery and compact equipment. The Doosan Heavy Industry Business segment is engaged in the manufacture of turbines, water treatment facilities and others. The Doosan Infracore Business segment is engaged in the manufacture and sale of internal combustion engines, construction machineries, transportation equipment and parts. The Doosan Construction Business segment is engaged in the commercial and residential buildings, roads, bridges and railways construction businesses. The Doosan Fuel Cell Business segment is engaged in the manufacture and repair services of fuel cell. The Other Business segment is engaged in the operation of golf courses.
DOOSAN ENERBILITY CO., LTD. 
