Hyundai Oilbank Reports Operating Loss of 18.6 Billion KRW in Q2... Returns to Deficit
[Asia Economy Reporter Oh Ju-yeon] Hyundai Heavy Industries Holdings announced on the 30th that its subsidiary Hyundai Oilbank posted an operating loss of 18.6 billion KRW in the second quarter of this year, turning to a deficit compared to the same period last year. Sales amounted to 2.1086 trillion KRW, a 57.0% decrease compared to the same period last year, and net loss for the period turned to a deficit of 24.4 billion KRW.
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