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Mirae Asset Securities Downgrades Daewoo Engineering & Construction to Hold from Buy; Price Target is KRW35,000
KRX:047040
KRX:047040
23 stories mentioning KRX:047040Updated 2d ago
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Asia
Daewoo Engineering & Construction's Net Income Jumps 248% in Q1; Shares Jump 16%
Daewoo Engineering & Construction (KRX:047040) posted first-quarter net income attributable to shareholders of 194.3 billion won, up 248% from 55.9 billion won a year earlier, according to a Tuesday filing with the Korea Exchange.The South Korean construction firm's sales fell 6% year over year to 1.951 trillion won from 2.077 trillion won.Shares of the company jumped over 16% in recent trade.
KRX:047040
Asia
Daewoo Engineering & Construction Secures KRW1.268 Trillion Housing Project
Daewoo Engineering & Construction (KRX:047040) secured the Shinheung District 3 public-participation redevelopment project, valued at 1.268 trillion won, from Korea Land and Housing Corporation, according to a Thursday filing with the Korea Exchange.The project includes 3,584 housing units across 24 residential buildings, and is slated for completion in 54 months from the start date of demolition works, the filing said.
KRX:047040
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