Independent journal on economy and transport policy
13:32 GMT+1
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Hyundai Heavy Industries has closed the second trimester with a profit of clearly 392,3 billion won
In the first half of the 2016 new orders to the South Korean group they are diminished of -44,4%
July 27, 2016
In according to trimester of this year, so as in the quarter precedence after a series of ten archived item consecutive quarterly periods with an economic result clearly of sign negative, South Korean naval constructor Hyundai Heavy Industries (HHI) has recorded a profit clearly that 344 million dollars have been pairs to 392,3 billion won () respect to a net loss of -242,4 billion won totaled in according to trimester of 2015.
In according to trimester of the 2016 revenues of the South Korean navalmeccanico group they are diminished of -17,4% attesting to 9.862, the 7 billion one won regarding 11.946, 1 billion won in the period April-june last year. In the single segment of the shipbuilding the revenues have been pairs to 3.901, 9 billion won (- 6.0%). The operating result of the group has been of positive sign for 557,2 billion won respect to an operating result of sign negative for -171,0 billion won in according to trimester of 2015.
In the first semester of 2016 group HHI it has recorded revenues for 20,135, 5 billion won, down of the -16,7% on the first half last year. Operating result and result clearly have been both of positive sign and pairs respective to 882,4 billion and 636,8 billion won regarding results of sign negative for -363,4 billion and -367,6 billion won in the first semester of 2015.
In the first six months of this Hyundai Heavy Industries year it has confiscated new orders for a total pairs to 4,1 billion dollars, with a decrease of the -44,4% regarding 7,4 billion dollars in the first half of 2015. In the single segment of the shipbuilding the new orders have been pairs to 992 million dollars (- 68.9%) and in the Offshore segment & Engineering to 417 million dollars (- 53.0%).
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