Daewoo Engineering & Construction has been selected as the sole qualified bidder for South Korea's 10.72 trillion won Gadeok Island New Airport site development project, marking a major step forward in the southeastern region's gateway airport construction initiative.
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Daewoo E&C Consortium to Lead Gadeok Island New Airport Site Development
Daewoo Engineering & Construction has been selected as the sole qualified bidder for South Korea's 10.72 trillion won Gadeok Island New Airport site development project, marking a major step forward in the southeastern region's gateway airport construction initiative.
South Korea’s KOSPI index surpasses 6,000, with construction stocks posting the second-highest returns after securities firms; major builders like Daewoo E&C and Hyundai E&C see sharp target price upgrades amid nuclear and infrastructure order momentum.
#YonhapInfomax #KOSPI #DaewooEngineeringConstruction #HyundaiEngineeringConstruction #TargetPriceUpgrade #NuclearPower #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=106878South Korean construction stocks surged, led by Daewoo E&C, as analysts turn bullish on the sector amid AI infrastructure and nuclear power plant projects, with the sector outperforming the KOSPI by 10 percentage points year-to-date.
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Time to Buy Construction Stocks as Analysts Turn Bullish
South Korean construction stocks surged, led by Daewoo E&C, as analysts turn bullish on the sector amid AI infrastructure and nuclear power plant projects, with the sector outperforming the KOSPI by 10 percentage points year-to-date.
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.
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