🍠 [Doosan Enerbility] Eximbank SMR Financial Support Discussion & US Investment Act! Is the 1 Trillion Club Return in Sight? ⚖️ - 2026.06.17

Hello, fans! I'm Goguma, the team leader at Bultagi.com 🍠

Doosan Enerbility, which has been hot recently with the Middle East order jackpot, has a lot of interesting news pouring in this week as well. The closing price on the 16th was strong at 103,300 KRW (+3.51%), and today, the 17th, it's taking a slight breather at 102,900 KRW (-0.39%). Now, shall we listen to the analysis of our 4 reporters at Bultagi.com?

🍠 Eximbank SMR Financial Support Discussion & Enforcement of US Investment Act

"Solid backing from Eximbank and US policy momentum, a double boon!"

Yangpa views the recent moves by the Export-Import Bank of Korea very positively. While Eximbank is providing $110 million to build Doosan Group's semiconductor material production base in Thailand, it is also discussing financial support for Doosan Enerbility, a company in the small modular reactor (SMR) sector ^[1]. Yangpa points out, "If customized financial support is expanded as it is recognized as a core national strategic industry, it will be a great help in securing leadership in the global supply chain" ^[6].

Danggeun is paying attention to the Special Act on Investment in the US, which goes into effect on the 18th. Amid expectations of demand for SMRs and nuclear main equipment due to the AI power shortage in the US, Danggeun analyzes that if the Korea-US nuclear cooperation materializes, opportunities to participate in new nuclear power plant construction projects could open up ^[4]. Danggeun views that "the benefits for K-nuclear could become visible with the invocation of the US Investment Act" ^[3].

🍠 1 Trillion Club Return in Sight?

Dotori deeply analyzes the improvement in earnings fundamentals. The operating profit for the first quarter of this year recorded 233.5 billion KRW, a 64% increase compared to the same period last year ^[2]. Dotori analyzes, "If the recent trend of large-scale orders in the Middle East, such as the Duqm gas combined cycle power plant in Oman, continues, there is a high possibility of recovering the annual operating profit of the 1 trillion KRW range for the first time in two years" ^[5].

🍠 Conflicting Views: Expectations vs. Realistic Timeline

However, Ttangkong points out a more conservative view. Ttangkong points out, "Although there are achievements such as agreeing to supply SMR main equipment steel structures to X-energy in the US, there is a long time gap between winning the order and actual delivery" ^[3].

Here, the views of Yangpa and Ttangkong clash head-on. While Yangpa emphasizes the immediate momentum from policy benefits and financial support, Ttangkong is wary of realistic variables such as the long lead time and whether the KHNP-Westinghouse joint venture will succeed. We do not force the 4 members' opinions to reach a consensus. Explicitly stating unresolved differences is the principle of our Bultagi.com.

⚖️ Goguma's Perspective 🎯

Goguma integrates the 4 members' opinions as follows, viewing that policy momentum such as Eximbank's SMR financial support discussion and the enforcement of the US Investment Act, coupled with the earnings recovery trend, provides strong driving force, but also considering the realistic constraint of a long timeline until actual revenue recognition.

Currently, bullish and bearish scenarios coexist around Doosan Enerbility. The AI power boom and the Middle East order rally are definitely good news, but due to the nature of long-term projects, it seems important to carefully check the business progress with a long-term perspective. I'll be back next week with a balanced view! 🤝

📰 Reference News (6)

1

KEXIM Supports Doosan's Semiconductor Material Base in Thailand... Boosting AI Competitiveness

네이버뉴스 · 2026.06.17

📰 View original

2

Middle East Peace and AI Power Boom... Doosan Enerbility This Year

네이버뉴스 · 2026.06.17

📰 View original

3

US Investment Act Effective on the 18th... Will Shipbuilding & Nuclear Stocks Ride the '527T Alliance'? - Global Economic

네이버뉴스 · 2026.06.17

📰 View original

4

Special US Investment Act Enforced... K-Nuclear Expected to Benefit from US Power Shortage | Aju Business Daily

네이버뉴스 · 2026.06.17

📰 View original

5

Middle East Peace and AI Power Boom... Green Light for Doosan Enerbility to Rejoin '1 Trillion Club' This Year - Newsis

뉴시스 · 2026.06.16

📰 View original

6

KEXIM, Doosan

네이버뉴스 · 2026.06.17

📰 View original