Seoul, Jan. 16 -- HD Construction Equipment targets USD 5.9 billion in revenue in its first year. HD Hyundai Construction Equipment Co., the integrated construction machinery unit of South Korea's HD Hyundai Co., established its inaugural annual goals at 8.72 trillion won (USD 5.9 billion) in revenue and 439.6 billion won in operating profit.

The company disclosed these financial objectives during a briefing held for domestic and overseas institutional investors on Wednesday in Seoul. According to a report by Pulse, the English service of Maeil Business News Korea, the entity intends to leverage its recent integration to drive global growth and profitability.

During the investor meeting, the company outlined its strategy to capitalize o...