Doosan Bobcat stock rises as Q3 operating profit jumps 25.3%

Published on 11/01/2026 at 01:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Doosan Bobcat stock followed a quarter of stronger sales across its main product lines. The board also approved a quarterly dividend.

Quarterly Growth And Dividend

Third-quarter revenue reached KRW 2.46 trillion, supported by growth across all product lines.
Compact equipment led product growth, while North America remained the strongest regional contributor.
The board approved a KRW 400 per-share quarterly dividend under the company's shareholder-return plan.

Doosan Bobcat, KR7241560002, Illustration mit AI erstellt.

Doosan Bobcat reported stronger third-quarter results on Thursday, October 29, with revenue of KRW 2.46 trillion and operating profit of KRW 167.4 billion, according to Seoul Economic Daily. Revenue increased 16.5% from a year earlier, while the operating margin reached 6.9%, an improvement of 0.5 percentage points.

Growth Broadens Across Products

Compact equipment revenue rose 15% year on year, industrial vehicle revenue increased 8%, and portable power revenue gained 5%. The company attributed the compact-equipment advance to shipments deferred from the previous quarter and stronger demand from rental companies.

Regional revenue also expanded. North America grew 15%, Asia, Latin America and Oceania increased 14%, and Europe, the Middle East and Africa rose 3%. The regional mix points to broad-based demand rather than reliance on a single geography.

Dividend Supports Shareholder Returns

Doosan Bobcat's board approved a third-quarter dividend of KRW 400 per share on October 29. The company has set a minimum annual dividend of KRW 1,600 per share and pays dividends quarterly under its corporate value enhancement plan.