Hyundai Heavy Industries Reports 4Q Operating Loss of 480.7 Billion Won... Widening Deficit
[Asia Economy Reporter Hwang Yoon-joo] Hyundai Heavy Industries announced on the 7th that its consolidated operating loss for the fourth quarter of last year was 480.7 billion KRW, a significant increase in the deficit compared to the same period last year. During the same period, sales increased by 24% to 2.4759 trillion KRW, and the net loss also widened to 520.1 billion KRW, according to preliminary estimates.
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