[Concall] Korea Shipbuilding & Offshore Engineering "This Year's Target Order Volume Reduced by 30%... Achievable Goal"
[Asia Economy Reporter Hwang Yoon-joo] Korea Shipbuilding & Offshore Engineering stated in the Q3 earnings conference call held on the 30th that "due to the impact of the novel coronavirus infection (COVID-19), the order target for this year has been reduced by about 30% compared to the beginning of the year."
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Korea Shipbuilding & Offshore Engineering explained, "The order target for Hyundai Heavy Industries Group's shipbuilding companies this year has been revised from the original $15.994 billion to around $10.2 billion," adding, "Many large container ship projects are emerging, and we believe that multiple large LNG ship orders are possible besides Mozambique."
This content was produced with the assistance of AI translation services.
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