Hyundai Rotem Co.KRX: 064350

Hyundai Rotem: H1 2024 saw lower revenue but improved margins and a strong order backlog, supporting future growth

· Issued by Hyundai Rotem Co.

Revenue and operating income declined year-over-year in H1 2024, but gross margin improved and the order backlog remains robust. The company is investing in hydrogen and smart logistics, with strong performance in defense and rail segments.

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