Daewoo Engineering & Construction Posts Surprise Q4 Operating Loss of 1.1055 Trillion Won
Daewoo Engineering & Construction shocked the market with a Q4 operating loss of 1.1055 trillion won, missing expectations due to unsold regional properties and overseas project cost overruns.
Daewoo Engineering & Construction Swings to Operating Loss of 1.1055 Trillion Won in Q4
Daewoo Engineering & Construction posts a dramatic turnaround, reporting a Q4 operating loss of 1.1055 trillion won, signaling mounting challenges for the South Korean construction sector.
Jung Chang-sun, Founder of Jungheung Group, Passes Away
Jung Chang-sun, founder of Jungheung Group, has died at 84, leaving a legacy of stable growth and prudent management that transformed the regional builder into a major South Korean construction conglomerate.
Construction Stocks Outpace KOSPI in Early 2026 Rally
South Korea’s construction sector has outperformed the KOSPI in early 2026, led by Hyundai E&C and Daewoo E&C, amid strong overseas nuclear and domestic redevelopment projects.
Daewoo E&C Expected to Report Lower Q4 Operating Profit on Overseas Project Delays
Daewoo Engineering & Construction is expected to report a sharp drop in Q4 operating profit due to overseas project delays, but net profit is set to surge on improved housing margins and a favorable base effect.
Daewoo E&C's Two-Month Construction Business Suspension Lifted—Court Grants Injunction
Daewoo Engineering & Construction Co. has secured a court injunction suspending a two-month business ban, which would have affected 72.84% of its 2024 revenue, until a final ruling is made on its legal challenge.
POSCO E&C Withdraws from Gadeokdo New Airport Construction Project
POSCO E&C has announced its withdrawal from the Gadeokdo New Airport land development project, choosing to focus on major ongoing infrastructure projects such as the GTX-B rail line.
Daewoo Engineering & Construction has entered the bidding for Seoul’s Seongsu District 4 redevelopment, a 1.4 trillion won ($1.08 billion) project to build 1,439 residential units, aiming to leverage its premium brand and construction expertise.
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Daewoo E&C Bids for Seongsu District 4 Redevelopment Project
Daewoo Engineering & Construction has entered the bidding for Seoul’s Seongsu District 4 redevelopment, a 1.4 trillion won ($1.08 billion) project to build 1,439 residential units, aiming to leverage its premium brand and construction expertise.
World’s Largest Semiconductor Cluster to Rise in Yongin—‘Yongin Prugio One Cluster Park’ Launches
Daewoo Engineering & Construction launches Yongin Prugio One Cluster Park in Gyeonggi Province, as South Korea’s largest semiconductor cluster drives major infrastructure investment and residential demand in the region.
Daewoo Engineering & Construction Launches Sale of Yongin Prugio One Cluster Park
Daewoo Engineering & Construction has begun sales of its 710-unit Yongin Prugio One Cluster Park, set to benefit from proximity to South Korea's major semiconductor cluster and planned infrastructure upgrades.
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