In 2022, Hyundai Engineering and Construction Co., Ltd. (Hyundai E&C) had 21.24 trillion South Korean won in sales revenue. Sales revenue had dropped to a low of 16.73 trillion won in 2018 before rising again.
A global construction company
Hyundai E&C was originally founded in 1947 under the name of Hyundai Civil Works Company. The firm engages in the construction and engineering of numerous structures that include residential housing, infrastructure such as bridges and roads, and power plants. Some of the company’s most notable foreign construction orders in the past were Penang Bridge in Malaysia and the Jamuna Multi-purpose Bridge in Bangladesh. In terms of new order value, Hyundai E&C was considered the leading construction company in South Korea in the first half of 2022.
Sustainability and investments
The company’s plans to increase investment toward research and development in 2022 may reflect its need to stay up to date with technology regarding the renewable and nuclear energy power plants it is building both domestically and abroad. Hyundai E&C boasts of featuring on the Dow Jones Sustainability Management Index for 12 consecutive years as of the 2021 evaluation, and claims to be dedicated to sustainable practices. However, with disruptions in the procurement of raw materials in recent years, it remains to be seen how the company plans to overcome such challenges in the future.
Hyundai E&C's sales revenue from 2014 to 2022
(in trillion South Korean won)
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DART. (March 15, 2023). Hyundai E&C's sales revenue from 2014 to 2022 (in trillion South Korean won) [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/1073878/south-korea-hyundai-eandc-sales-revenue/
DART. "Hyundai E&C's sales revenue from 2014 to 2022 (in trillion South Korean won)." Chart. March 15, 2023. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/1073878/south-korea-hyundai-eandc-sales-revenue/
DART. (2023). Hyundai E&C's sales revenue from 2014 to 2022 (in trillion South Korean won). Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/1073878/south-korea-hyundai-eandc-sales-revenue/
DART. "Hyundai E&c's Sales Revenue from 2014 to 2022 (in Trillion South Korean Won)." Statista, Statista Inc., 15 Mar 2023, https://www.statista.com/statistics/1073878/south-korea-hyundai-eandc-sales-revenue/
DART, Hyundai E&C's sales revenue from 2014 to 2022 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1073878/south-korea-hyundai-eandc-sales-revenue/ (last visited September 20, 2024)
Hyundai E&C's sales revenue from 2014 to 2022 (in trillion South Korean won) [Graph], DART, March 15, 2023. [Online]. Available: https://www.statista.com/statistics/1073878/south-korea-hyundai-eandc-sales-revenue/