Search
Close this search box.
HD Korea Shipbuilding and Offshore Engineering reports Q2 net income up 808.1 pct to 357.8 bln won

HD Korea Shipbuilding and Offshore Engineering Co. on Thursday reported its second-quarter net income of 357.8 billion won (US$258.1 million), up 808.1 percent from a year earlier. The company said in a regulatory filing that it posted 376.4 billion won in operating profit for the quarter, compared with 71.2 billion won a year ago. Revenue rose 21.3 percent to 6.61 trillion won. The operating profit was 33.3 percent higher than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available. Source: Yonhap News Agency

ADVERTISEMENT