Oriental Precision & Engineering Co., Ltd
KKRX:0149403,700.00
KRW
-110.00
(-2.89%)
ISIN
KR7014940001
Return %
Stock
S&P 500
1Y
-66.33
14.39
3Y
37.55
81.42
5Y
-9.42
68.62
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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KRW
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in mil. unless spec.Company Description
- CEO
- Se-Cheol Park
- Full Time Employees
- 322
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Busan South Korea
- IPO Date
- Dec 26, 2001
- Website
- opco.co.kr
- Similar Companies
- Business
- Oriental Precision & Engineering Co., Ltd. is a South Korea-based manufacturer specializing in marine equipment, shipboard machinery, and large-scale ship superstructures for the global shipbuilding, offshore, and maritime industries. Founded in 1980 and headquartered in Busan, South Korea, the company operates across specialized business units and subsidiaries, including Oriental Marine Tech Co., Ltd. and Oriental Inspection & Service Co., Ltd., serving major shipbuilders such as HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean, alongside commercial ship operators and offshore contractors worldwide. The company designs, engineers, and manufactures a comprehensive portfolio of specialized maritime systems, comprising marine cranes, including deck cranes, hose handling cranes, provision cranes, engine room cranes, monorail cranes, telescopic boom cranes, knuckle boom cranes, and offshore heavy-lift cranes; lifesaving appliances and launch systems, including lifeboat davits, rescue boat davits, and davit winches; deck machinery, including anchor windlasses, mooring winches, and capstans; and ship superstructures and structural fabrications, including multi-tier deckhouse living quarters, engine room casings, and funnel casings. In addition to hardware manufacturing, the company provides integrated aftermarket and digitalization solutions through its proprietary Oriental Real-time Information System (ORIS), an intelligent predictive maintenance and equipment condition monitoring platform, complemented by a global service network offering onboard technical inspections, load testing, commissioning, maintenance training, and genuine spare parts distribution across primary shipping hubs in Asia, Europe, and North America. In recent developments, Oriental Precision & Engineering has strategically accelerated the expansion of its product lines to align with the maritime sector's decarbonization and digitalization initiatives, securing extensive order backlogs for high-value liquefied natural gas (LNG) carriers and eco-friendly dual-fuel vessels. The company has introduced next-generation electric and smart crane models integrated with automated load-stabilization and remote diagnostic features, developed specialized auxiliary handling equipment for offshore wind farm service operation vessels (SOVs) and turbine installation platforms, and scaled the commercial deployment of its ORIS diagnostic software across global commercial fleets to enhance operational reliability and preventive maintenance efficiency.