Slide 1: 3Q Earnings Results
3Q Earnings Results 2025. 11. 06
Slide 2: K-IFRS consolidated results disclaimer
This presentation represents consolidated earnings results in accordance with K-IFRS. DL E&C’s 3Q25 financial results and statements are presented solely for the investor’s convenience and are prior to external audit. The results and numbers may be subjected to change following external audit. Pleas
Slide 3: Contents
Contents 01 Summary 02 New Order 03 Revenue 04 Operating Profit 05 COGS Rate 06 Revision of Earnings Guidance
Slide 4: Summary. Financial Status
Summary. Financial Status 01 2025 3Q Earnings Results (Unit: KRWbn) 3Q’24 3Q’25 YOY 3Q’24 YTD 3Q’25 YTD YOY New Orders 2,913.6 3,016.7 +3.5% 5,971.8 5,505.8 -7.8% Revenue 1,918.9 1,907.0 -0.6% 5,879.6 5,706.6 -2.9% Gross Profit 209.9 256.5 +22.2% 558.4 703.3 +26.0% Operating 83.3 116.8 +40.1% 176.8
Slide 5: Summary. Financial Status
Summary. Financial Status 01 2025 3Q Earnings Results (Unit: KRWbn) End of FY2024 End of 3Q’25 Change Total Assets 9,712.4 10,073.4 +361.0 Total Liabilities 4,866.7 4,995.7 +129.0 Total Equities 4,845.7 5,077.7 +232.0 Debt-Equity Ratio 100.4% 98.4% -2.0%p Cash/Cash Equiv. 2,071.1 2,035.7 -35.4 Debt
Slide 6: New Orders/Order Backlogs
New Orders/Order Backlogs 02 2025 3Q Earnings Results 3Q New Orders 3Q YTD New Orders Order Backlogs (Unit : KRWbn) (Unit : KRWbn) (Unit : KRWbn) DL Const. DL Const. DL E&C DL Construction DL E&C DL Construction Housing Civil Plant (Housing) (Civil) -8.7% -7.8% 30,177.8 1,156.7 5,971.8 27,546.3 1,26
Slide 7: New Orders. DL E&C incl. Overseas
New 0 Orders. DL E&C incl. Overseas 02 2025 3Q Earnings Results 3Q New Orders 3Q YTD New Orders Housing New Orders by Category (Unit : KRWbn) (Unit : KRWbn) (Unit : KRWbn) Housing Civil Plant Housing Civil Plant Urban Others Redevelopment +5.4% 4,731.1 141.5 +30.3% 4,487.0 3,709.3 362.7 880.3 -2.9%
Slide 8: New Orders. DL Construction
New Orders. DL Construction 02 2025 3Q Earnings Results 3Q New Orders 3Q YTD New Orders Housing New Orders by Category (Unit : KRWbn) (Unit : KRWbn) (Unit : KRWbn) Housing Civil Urban Housing Civil Others Redevelopment -47.8% -59.0% 1,484.8 1,339.6 145.2 158.8 774.7 +49.5% 1,339.6 538.7 226.1 548.6
Slide 9: Revenue. Consolidated
Revenue. Consolidated 03 2025 3Q Earnings Results Revenue (Unit : KRWbn) -2.9% 5,879.6 DL E&C(incl. Overseas) (Unit : KRWbn) 5,706.6 ’24. 3Q 1,350.5 +13.7% ’25. 3Q 1,535.7 ’24 YTD 4,046.4 +9.7% ’25 YTD 4,439.1 -0.6% DL Construction (Unit : KRWbn) 1,918.9 1,907.0 ’24. 3Q 569.5 -35.3% ’25. 3Q 368.5 ’2
Slide 10: Revenue. DL E&C incl. Overseas
Revenue. DL E&C incl. Overseas 03 2025 3Q Earnings Results Revenue Housing (Unit : KRWbn) (Unit : KRWbn) ’24. 3Q 638.1 +7.5% +9.7% ’25. 3Q 685.9 4,439.1 ’24 YTD 2,026.7 -5.3% 4,046.4 ’25 YTD 1,918.7 Civil (Unit : KRWbn) ’24. 3Q 226.6 -33.1% ’25. 3Q 151.7 ’24 YTD 648.8 +13.7% -17.7% ’25 YTD +3.9% 534
Slide 11: Revenue. DL Construction
Revenue. DL Construction 03 2025 3Q Earnings Results Revenue (Unit : KRWbn) -30.8% Housing (Unit : KRWbn) 1,838.8 ’24. 3Q 471.5 -37.2% ’25. 3Q 296.3 ’24 YTD 1,519.3 -30.1% ’25 YTD 1,061.5 1,272.8 -35.3% Civil (Unit : KRWbn) 569.5 ’24. 3Q 98.0 -26.3% ’25. 3Q 72.2 368.5 ’24 YTD 319.5 -33.9% ’25 YTD 21
Slide 12: Operating Profit. Consolidated
Operating Profit. Consolidated 04 2025 3Q Earnings Results Operating Profit (Unit : KRWbn) +83.2% DL E&C(incl. Overseas) (Unit : KRWbn) 323.9 ’24. 3Q 73.0 +60.0% ’25. 3Q 116.8 ’24 YTD 162.2 +72.2% ’25 YTD 279.3 176.8 +40.1% DL Construction (Unit : KRWbn) 116.8 ’24. 3Q 10.3 - ’25. 3Q 0 83.3 ’24 YTD 1
Slide 13: COGS Rates. DL E&C+Overseas Subsidiaries
COGS Rates. DL E&C+Overseas Subsidiaries 05 2025 3Q Earnings Results Quarterly COGS Rate Trend 3Q24 Annual COGS Rate 89.1% 3Q25 Annual COGS Rate 87.5% Housing 92.8% │ Civil 90.2% │ Plant 83.2% Housing 86.6% │ Civil 95.9% │ Plant 86.2% 89.3% 90.2% 87.8% 87.1% 89.5% 86.6% 86.9% 109.5% 93.0 93.0% 92.3%
Slide 14: COGS Rates. DL Construction
COGS Rates. DL Construction 05 2025 3Q Earnings Results Quarterly COGS Rate Trend 3Q24 Annual COGS Rate 93.8% 3Q25 Annual COGS Rate 88.4% Housing 94.1% │ Civil 92.3% Housing 85.7% │ Civil 102.1% 93.1% 95.6% 92.2% 91.8% 89.0% 89.8% 86.1% 117.8% 104.5% 96.3% Housing 99.1% 93.3% 92.7% 92.3% 92.8% Civil
Slide 15: Revision of Earnings Guidance
Revision of Earnings Guidance 06 2025 3Q Earnings Results New Order Revenue Operating Profit KRW 9.7trn KRW 7.5trn KRW 380bn DL E&C 8.4trn DL E&C 5.8trn DL E&C 320bn Housing 6.6trn Housing 2.5trn Civil 1.4trn Civil 0.8trn Plant 0.4trn Plant 2.5trn DL Const. 1.3trn DL Const. 1.6trn DL Const. 60bn Hou
Slide 16: Thank You
Thank You The content and the design of the document are subject to copyright. Therefore, the content and the design shall not be duplicated or used in any form which is not in compliance with legal stipulations without our prior written consent. © DL Co., Ltd. All Rights Reserved.