대한조선주식회사

• Diversifying its global customer portfolio, driving export growth

• Growth in both orders and profitability, maintaining top-tier profit structure in the industry

DH Shipbuilding has set a new milestone this year by achieving the highest export volume since its establishment.

On the 4th, the company announced that it received the $900 Million Export Tower at the 62nd Trade Day ceremony held at COEX in Gangnam, Seoul. Starting with the $300 Million Export Tower in 2019, DH Shipbuilding has since earned the $500 Million and $600 Million towers, and this year marks its first time reaching the $900 Million level.

A strengthened sales capability and stable product quality have helped the company expand its global customer base. While it has maintained steady exports mainly with European clients, it has recently secured new customers in Oceania and Asia, further diversifying its global portfolio.

This export growth is clearly reflected in the year’s performance. DH Shipbuilding reached its annual order target earlier than planned in November, with total orders amounting to about KRW 1.47 trillion, a roughly 22% increase compared to last year. Profitability has also remained strong, supported by its strategy of focusing on high-value ships and improving production efficiency. The company has posted an operating margin in the 20% range for four consecutive quarters, maintaining one of the most stable profit structures in the industry.

Lee Seok-moon, Head of Management at DH Shipbuilding, said, “This year, our customer base expanded in major overseas markets, including Europe, strengthening our export foundation even more. We will continue to enhance our sales and technical capabilities to remain competitive in the global mid-size shipbuilding market and achieve sustainable export growth.”