Hyundai Rotem Co.KRX: 064350

Hyundai Rotem: Net income more than doubled year-over-year, driven by strong sales and a robust order backlog

· Issued by Hyundai Rotem Co.

Revenue and profitability surged year-over-year, with net income up to KRW 545.1 billion and EPS more than doubling. Strong order backlog and major contract wins in defense and rail support a positive outlook, while the debt ratio improved and cash reserves increased.

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