Business
Hyundai Rotem: H1 2024 saw lower revenue but improved margins and a strong order backlog, supporting future growth
Hyundai Rotem: H1 2024 saw lower revenue but improved margins and a strong order backlog, supporting future growth
About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.