Hyundai Oilbank Reports Operating Loss of 19.4 Billion KRW in Q3... Returns to Deficit
[Asia Economy Reporter Oh Ju-yeon] Hyundai Heavy Industries Holdings announced on the 30th that its subsidiary Hyundai Oilbank recorded an operating loss of 19.4 billion KRW in the third quarter of this year, turning to a deficit compared to the same period last year. Sales amounted to 3.1784 trillion KRW, down 31.9%, while net profit turned positive to 6.8 billion KRW.
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