Newly launched HD Construction Equipment aims for $6 bil. in 2026 revenue

HD Construction Equipment, launched Jan. 1 through the merger of HD Hyundai Infracore and HD Hyundai Construction Equipment, announced Wednesday that it aims to post 8.7 trillion won ($5.9 billion) in revenue and 439.6 billion won in operating profit this year. When HD Hyundai unveiled the merger plan last July, the conglomerate said the new entity would generate more than 14 trillion won in annual revenue by 2030. The combined revenue of HD Hyundai Infracore and HD Hyundai Construction Equipment in 2025 is estimated at around 7.9 trillion won. “With the swift execution of our mid- to long-term strategy and the creation of synergy from the merger, we will outperform the market,” HD Construction Equipment CEO Moon Jae-young told institutional investors during the announcement of the company's plan. “We will actively invest in facilities and technology development to strengthen the core competitiveness of our business.” HD Construction Equipment cited its recent success in securing large-scale orders in emerging markets. The company said it recently signed contracts with gold mine d