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Doosan Bobcat Q2 profit up 43% tariff refunds
x/middle-eastern
— Jul 23, 2026
Doosan Bobcat posted provisional second-quarter 2026 sales of 2.4479 trillion won and operating profit of 291.7 billion won, up 11.2% and 42.9% respectively, with net profit rising 63.9% as price hikes and a U.S. tariff refund boosted margins to 11.9%. The company declared a second-quarter dividend of 400 won per share (with a plan for at least 1,600 won annually) and noted mixed regional performance, while Article 5 also highlights an announced memorandum of understanding with Maum AI to develop autonomous operation technology for construction equipment.
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