Samsung Heavy Industries Reports 1Q Operating Loss of 47.8 Billion KRW, Up 43.5% YoY
[Asia Economy Reporter Minwoo Lee] Samsung Heavy Industries' sales increased in the first quarter of this year, but the operating loss widened by about 44%.
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Samsung Heavy Industries announced on the 27th that it posted preliminary consolidated results for the first quarter of this year with sales of 1,826.6 billion KRW and an operating loss of 47.8 billion KRW. Compared to the same period last year, sales increased by 25.3%, but the operating loss also increased by 43.5%. Net loss for the same period was also recorded at 227 billion KRW, up 121.2%.
This content was produced with the assistance of AI translation services.
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