Corporate Logo(source: hyosungheavyindustries.com)
Hyosung Heavy Industries (298040) shares climbed over 4% on October 14 following upbeat analyst reports projecting record third-quarter earnings and reaffirming the company’s growing global competitiveness.
As of 10:53 a.m., the stock was trading at 1,508,000 won, up 4.29% from the previous session.
Earlier in the day, Yuanta Securities projected in its latest report that Hyosung Heavy Industries would post 1.4859 trillion won in revenue for the third quarter of 2025, up 29.8% year-on-year, and 165.6 billion won in operating profit, up 48.7%.
The brokerage said the heavy industry segment, led by its power equipment business, would drive overall performance, adding that increased sales recognition from high-value transformer exports to North America and Europe would likely push quarterly operating profit to a record level.
Son Hyun-jung, an analyst at Yuanta Securities, noted, “While North America currently accounts for 23% of Hyosung’s heavy industry revenue, 53% of new orders are from the region. Profitability is expected to rise further as high-margin North American contracts begin to be recognized as revenue.”
She added, “The company continues to demonstrate strong global competitiveness in ultra-high-voltage transformers and GIS (gas-insulated switchgear), and is poised for structural growth as it expands into the HVDC (high-voltage direct current) market.” Yuanta raised its target price by 24% to 1.86 million won.
A day earlier, Korea Investment & Securities also issued a positive report, forecasting continued earnings growth in the heavy industry division and improving profitability in the construction segment. The firm raised its target price for Hyosung Heavy Industries from 1.55 million won to 1.8 million won.
*[KOSPI] Hyosung Heavy Industries(298040), a subsidiary of the Hyosung Group, produces and sells essential equipment for the power industry such as transformers, circuit breakers, as well as industrial production equipment including motors and gears. The market capitalization is 13.483 trillion won (as of October 13, 2025, closing price).
Corporate Logo(source: hyosungheavyindustries.com)
Hyosung Heavy Industries (298040) shares climbed over 4% on October 14 following upbeat analyst reports projecting record third-quarter earnings and reaffirming the company’s growing global competitiveness.
As of 10:53 a.m., the stock was trading at 1,508,000 won, up 4.29% from the previous session.
Earlier in the day, Yuanta Securities projected in its latest report that Hyosung Heavy Industries would post 1.4859 trillion won in revenue for the third quarter of 2025, up 29.8% year-on-year, and 165.6 billion won in operating profit, up 48.7%.
The brokerage said the heavy industry segment, led by its power equipment business, would drive overall performance, adding that increased sales recognition from high-value transformer exports to North America and Europe would likely push quarterly operating profit to a record level.
Son Hyun-jung, an analyst at Yuanta Securities, noted, “While North America currently accounts for 23% of Hyosung’s heavy industry revenue, 53% of new orders are from the region. Profitability is expected to rise further as high-margin North American contracts begin to be recognized as revenue.”
She added, “The company continues to demonstrate strong global competitiveness in ultra-high-voltage transformers and GIS (gas-insulated switchgear), and is poised for structural growth as it expands into the HVDC (high-voltage direct current) market.” Yuanta raised its target price by 24% to 1.86 million won.
A day earlier, Korea Investment & Securities also issued a positive report, forecasting continued earnings growth in the heavy industry division and improving profitability in the construction segment. The firm raised its target price for Hyosung Heavy Industries from 1.55 million won to 1.8 million won.
*[KOSPI] Hyosung Heavy Industries(298040), a subsidiary of the Hyosung Group, produces and sells essential equipment for the power industry such as transformers, circuit breakers, as well as industrial production equipment including motors and gears. The market capitalization is 13.483 trillion won (as of October 13, 2025, closing price).