Hyundai E&C Wins Yongsan Redevelopment Contract in Seoul
Hyundai Engineering & Construction has been selected as the contractor for the Hangangro urban redevelopment project in Seoul’s Yongsan District. The award adds a central Seoul project to the builder’s redevelopment portfolio.
A new project in Yongsan
The selection was made at a meeting of the project association. For Hyundai E&C, the award secures another construction role in a district where redevelopment is reshaping parts of the urban landscape.
Financial context for the builder
Hyundai E&C’s regulatory filing shows revenue fell −11.38% from Q2 2025 to Q2 2026, while operating profit rose +20.66% over the same period. Its operating margin was 3.83% in Q2 2026. Those figures describe an earlier filed period; they do not measure the financial effect of the Hangangro award.
By the Numbers
| Metric | What it measures | Value | Period |
|---|---|---|---|
| Revenue (DART filing) — HYUNDAI ENGINEERING & CONSTRUCTION CO.,LTD | Change from a year earlier (latest filed report) | −11.38% | Q2 2025 → Q2 2026 |
| Operating profit (DART filing) — HYUNDAI ENGINEERING & CONSTRUCTION CO.,LTD | Change from a year earlier (latest filed report) | +20.66% | Q2 2025 → Q2 2026 |
| Operating margin (DART filing) — HYUNDAI ENGINEERING & CONSTRUCTION CO.,LTD | Operating profit ÷ revenue (latest filed report) | 3.83% | Q2 2026 |
Sources (2) — Yonhap News Agency · Maeil Business Newspaper
- Yonhap News Agency, 2026-11-01
- Maeil Business Newspaper, 2026-11-01
This article is for informational purposes only and is not investment advice. Figures reflect the period stated and may differ from current values. You are responsible for your own investment decisions.