Bhi Co. Ltd.KRX: 083650

BHI: Net income rose on improved margins and asset revaluation, despite lower sales and a contract loss

· Issued by Bhi Co. Ltd.

Revenue for the first nine months of 2024 declined year-over-year, but net income improved due to higher margins and a significant asset revaluation. The company maintains a strong order backlog and is focused on R&D in hydrogen and renewables, despite a major contract cancellation post-period.

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