Namkwang Engineering & Construction Co.,Ltd. (South Korea)

Namkwang Engineering & Construction Co.,Ltd. is a South Korean company based in Seoul that provides construction services for various projects, including architecture, civil engineering, structural steel, overseas, and plant. The company was founded in 1954 and has a vision to become a global leader in the construction industry by pursuing customer satisfaction, social responsibility, and sustainable growth. Some of their notable projects include the Busan-Geoje Fixed Link, the Seoul Subway Line 9, the Kuwait National Assembly Building, and the Riyadh Metro Project. The company's stock is listed on the Korea Exchange under the ticker symbol 001260.KS. As of September 8, 2023, the company's market capitalization was 1.05 trillion KRW (about 890 million USD). In 2022, the company had a net sales revenue of 1.64 trillion KRW (about 1.39 billion USD), a net profit of 20.4 billion KRW (about 17.3 million USD), and a return on equity of 1.99%. Namkwang Engineering engages in the provision of construction and housing project services, operating through the Architecture and Civil Engineering Businesses. They offer a wide range of services, including housing, apartment, stores, officetel, office, public, leisure, factory, plant, cultural, and historical assets in the Architecture Division, and roads, bridges, tunnels, subways, railroads, water and sewage works, harbors, dams, and airports in the Civil Engineering Division. The company has a history of over 70 years and has played a significant role in the development of the Korean construction industry. They have also expanded their operations overseas, undertaking construction projects in countries such as Saudi Arabia, Iraq, the Philippines, Angola, United Arab Emirates, and Vietnam. Namkwang Engineering aims to become a top 10 construction company by 2030 through various management policies focused on expanding the business field, securing growth engines, creating profitability, and fostering a healthy discussion culture.