Slide 1: 4Q Earnings Results
4Q Earnings Results 2026. 02. 06
Slide 2: K-IFRS earnings disclaimer
This presentation represents consolidated earnings results in accordance with K-IFRS. DL E&C’s 4Q25 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 2026 Earning Guidance
Slide 4: Summary. Financial Status
Summary. Financial Status 01 2025 4Q Earnings Results (Unit: KRWbn) 4Q’24 4Q’25 YOY 4Q’24 YTD 4Q’25 YTD YOY New Orders 3,508.9 4,245.6 +21.0% 9,480.7 9,751,5 +2.9% Revenue 2,438.8 1,695.8 -30.5% 8,318.4 7,402.4 -11.0% Gross Profit 287.4 196.8 -31.5% 845.8 900.2 +6.4% Operating 94.1 63.0 -33.1% 270.9
Slide 5: Summary. Financial Status
Summary. Financial Status 01 2025 4Q Earnings Results (Unit: KRWbn) End of FY24 End of FY25 Change Total Assets 9,712.4 9,687.1 -25.3 Total Liabilities 4,866.7 4,423.6 -443.1 Total Equities 4,845.7 5,263.5 +417.8 Debt-Equity Ratio 100.4% 84.0% -16.4%p Cash/Cash Equiv. 2,071.1 2,053.2 -17.9 Debt 1,07
Slide 6: New Orders/Order Backlogs
New Orders/Order Backlogs 02 2025 4Q Earnings Results 4Q New Orders 4Q 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) +2.9% -5.6% 9,751.5 30,177.8 9,480.7 1,156.7 28,48
Slide 7: New Orders. DL E&C incl. Overseas
New 0 Orders. DL E&C incl. Overseas 02 2025 4Q Earnings Results 4Q New Orders 4Q YTD New Orders Housing New Orders by Category (Unit : KRWbn) (Unit : KRWbn) (Unit : KRWbn) Housing Civil Plant Housing Civil Plant Urban Others Redevelopment +16.5% 8,209.3 406.3 +45.3% 7,046.0 1,247.3 6,555.7 973.1 2,0
Slide 8: New Orders. DL Construction
New Orders. DL Construction 02 2025 4Q Earnings Results 4Q New Orders 4Q YTD New Orders Housing New Orders by Category (Unit : KRWbn) (Unit : KRWbn) (Unit : KRWbn) Housing Civil Urban Housing Civil Others Redevelopment -36.7% 2,434.7 -43.0% 276.4 2,158.3 1,542.2 1,071.4 -19.2% 312.9 1,229.3 2,158.3
Slide 9: Revenue. Consolidated
Revenue. Consolidated 03 2025 4Q Earnings Results Revenue (Unit : KRWbn) -11.0% 8,318.4 DL E&C(incl. Overseas) (Unit : KRWbn) ’24. 4Q 1,815.7 7,402.4 -27.3% ’25. 4Q 1,319.9 ’24 YTD 5,862.1 -1.8% ’25 YTD 5,759.0 -30.5% DL Construction (Unit : KRWbn) 2,438.8 ’24. 4Q 630.4 -39.8% ’25. 4Q 379.8 1,695.8
Slide 10: Revenue. DL E&C incl. Overseas
Revenue. DL E&C incl. Overseas 03 2025 4Q Earnings Results Revenue Housing (Unit : KRWbn) (Unit : KRWbn) ’24. 4Q 904.9 -31.7% ’25. 4Q 617.8 -1.8% ’24 YTD 2,931.6 -13.5% ’25 YTD 2,536.5 5,862.1 5,759.0 Civil (Unit : KRWbn) ’24. 4Q 269.5 -22.2% ’25. 4Q 209.8 ’24 YTD 918.3 -19.0% ’25 YTD +3.9% 743.8 -2
Slide 11: Revenue. DL Construction
Revenue. DL Construction 03 2025 4Q Earnings Results Revenue (Unit : KRWbn) -33.1% Housing (Unit : KRWbn) 2,469.2 ’24. 4Q 497.3 -38.4% ’25. 4Q 306.5 ’24 YTD 2,016.6 -32.2% ’25 YTD 1,368.0 1,652.6 Civil (Unit : KRWbn) -39.8% ’24. 4Q 133.1 -44.9% ’25. 4Q 73.3 630.4 379.8 ’24 YTD 452.6 -37.1% ’25 YTD 2
Slide 12: Operating Profit. Consolidated
Operating Profit. Consolidated 04 2025 4Q Earnings Results Operating Profit (Unit : KRWbn) +42.8% 387.0 DL E&C(incl. Overseas) (Unit : KRWbn) ’24. 4Q 94.8 -60.1% ’25. 4Q 37.8 ’24 YTD 257.0 +23.4% 270.9 ’25 YTD 317.1 DL Construction (Unit : KRWbn) -33.0% ’24. 4Q -0.7 turn to ’25. 4Q 25.3 profit 94.1
Slide 13: COGS Rates. DL E&C+Overseas Subsidiaries
COGS Rates. DL E&C+Overseas Subsidiaries 05 2025 4Q Earnings Results Quarterly COGS Rate Trend 4Q24 Annual COGS Rate 88.5% 4Q25 Annual COGS Rate 88.0% Housing 90.7% │ Civil 92.1% │ Plant 83.7% Housing 85.7% │ Civil 93.7% │ Plant 88.7% 89.3% 90.2% 87.8% 87.1% 89.4% 86.6% 86.9% 86.8 89.5% 109.5% 93.0%
Slide 14: COGS Rates. DL Construction
COGS Rates. DL Construction 05 2025 4Q Earnings Results Quarterly COGS Rate Trend 4Q24 Annual COGS Rate 93.3% 4Q25 Annual COGS Rate 87.5% Housing 92.7% │ Civil 95.9% Housing 85.0% │ Civil 99.7% 93.1% 95.6% 92.2% 91.8% 89.0% 89.8% 89.8% 84.4% 117.8% 104.5% 96.3% 99.1% 93.3% Housing 92.7% 92.3% 92.8%
Slide 15: 2026 Earning Guidance
2026 Earning Guidance 06 2025 4Q Earnings Results New Order Revenue KRW 12.5trn KRW 7.2trn DL E&C 10.5trn DL E&C 5.9trn Housing 5.7trn Housing 2.8trn Civil 1.8trn Civil 0.8trn Plant 3.0trn Plant 2.3trn DL Const. 2.0trn DL Const. 1.3trn Housing 1.5trn Housing 1.0trn Civil 0.5trn Civil 0.3trn
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.