Hyosung Heavy Industries Raises FY2026 Order Guidance to 12 Trillion Won, Stock Surges 50% in 6 Days

According to Korean Exchange data, on July 31, Hyosung Heavy Industries raised its FY2026 new order guidance to 12 trillion won from 8.4 trillion won, following surging Q2 new orders of 3.3 trillion won, up 51% year-over-year. The stock rebounded 49.5% over six trading days through August 7.

Q2 revenue increased 10.6% year-over-year to 1.687 trillion won, while operating profit jumped 60.9% to 264.3 billion won. The company's order backlog reached a record 17.5 trillion won, with North America accounting for 57%, reflecting strong demand for high-voltage power equipment used in AI data centers.