Independent journal on economy and transport policy
04:44 GMT+1
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In the first trimester of the 2011 operating result of Hyundai Heavy Industries it has grown of 11.0%
The revenues are increased of 16.9%
April 29, 2011
The South Korean group Hyundai Heavy Industries (HHI), leader of world-wide the navalmeccanica industry, has closed the first trimester of this year with a profit of clearly 903,0 billion won (845 million dollars), with an increase of 21.2% regarding the profit restated of 745,3 billion won in the first three months of 2010. The group has specified that the increase of the useful one is determined by the increase of the financial proceeds. The operating profit is increased of 11.0% to 991,8 billion won and the revenues have been attested to 6.306, 3 billion won (+16.9%).
In the single field of shipbuilding HHI it has totaled revenues for 2.572 billion won, with an increment of 32.8% on the first trimester of 2010.
In the first three months of this year the group has confiscated altogether new orders for a value of 9.719 billion dollars, in increase of 95.8% regarding the same period of 2010. The new orders of the single section of the shipbuilding are piled to 3.625 billion dollars, with an increment of the 2,284, determined 9% from the resumption of the orders that in the first trimester of the 2011 have been relative to 15 ships, of which you are portacontainer, five unit of perforation, an oil tanker, a ship for gas of which liquified oil, Pure a Car Truck Carrier and a ship for oceanic searches.
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