Korea Shipbuilding & Offshore Engineering, 1Q Operating Profit 67.5 Billion KRW... 45% Decrease YoY

[Asia Economy Reporter Minwoo Lee] Hyundai Heavy Industries Holdings reported preliminary results for the first quarter of this year, with consolidated sales of 3.6815 trillion KRW and operating profit of 67.5 billion KRW, according to a disclosure on the 29th. This represents a decrease of 6.7% and 44.5%, respectively, compared to the same period last year. Net profit for the period was recorded at 63.6 billion KRW, down 61.4% during the same period.

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