Hyundai Heavy Industries, 1Q Operating Profit 28.4 Billion KRW... 9% Decrease YoY

[Asia Economy Reporter Minwoo Lee] Hyundai Heavy Industries, a subsidiary of Korea Shipbuilding & Offshore Engineering, announced on the 29th that it posted provisional results for the first quarter of this year with consolidated sales of 1,988.2 billion KRW and operating profit of 28.4 billion KRW. These figures represent decreases of 8.7% and 9.0%, respectively, compared to the same period last year. Net profit for the period was recorded at 6 billion KRW, down 3.2% from the same period.

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