Doosan Bobcat Q1 2026 Operating Profit Rises 3.5% to 207 Billion Won

Doosan Bobcat corporate identity logo. [Photo=Doosan Bobcat]

Doosan Bobcat said in a regulatory filing on the 28th that it posted first-quarter 2026 revenue of 2.2473 trillion won and operating profit of 207 billion won. Revenue rose 7.1% from a year earlier and operating profit increased 3.5%. Net profit climbed 15.9% to 131.4 billion won, helped by lower financial costs.

In dollar terms, revenue and operating profit increased 6.2% and 2.6%, respectively, maintaining an overall growth trend.

By region, Europe, the Middle East and Africa grew 18% on a recovery in demand for compact equipment, leading results. North America rose 3% as forklift sales rebounded. Asia, Latin America and Oceania increased 4% on higher sales in South America, China and India.

By product, compact equipment revenue rose 7%, and industrial vehicles grew 4% on expanded sales in North America. Portable power revenue fell 18% due to delays in a key customer’s sales schedule.

Doosan Bobcat said it is maintaining an annual minimum dividend of 1,600 won per share and a quarterly dividend policy under its corporate value enhancement plan. Its board on the 28th set the first-quarter dividend at 400 won per share.

* This article has been translated by AI.

SHIN JIA fromjia@ajunews.com