Independent journal on economy and transport policy
18:32 GMT+1
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the result economic of the third trimester of navalmeccanici groups HHI and MHOS
In increase the orders confiscated from the South Korean company and that Japanese
October 31, 2017
In the third trimester of the 2017 South Korean navalmeccanico group Hyundai Heavy Industries (HHI) it has totaled a turnover of 3.804, 4 billion won (3,4 billion dollars), with a bending of the -27,3% regarding 5.234, 5 billion won in the correspondent period last year (the results last year are rectified depurandoli of those of the activities of which HHI programmed and it has partially put into effect the spin-off). The operating profit has been pairs to 93,5 billion won (- 20.8%) and the profit to clearly 197,0 billion won (+2.1%).
In the single field of the shipbuilding the HHI turnover has turned out pairs to 2.240, 8 billion won and the operating profit to 86,0 billion won against respective 3,257, 3 billion and 147,3 billion won in the third trimester of 2016.
In the first nine months of this year the turnover of group HHI is piled to 13.241, 4 billion won, with a decrease of the -26,8% regarding the same period of 2016. Operating and useful profit clearly has recorded increases respective of +34.3% and +22.2% attesting to 408,7 billion and 402,1 billion won.
In the first nine months of the 2017 South Korean group it has confiscated new orders pairs to 3,72 billion dollars, with an increase of +55.9% regarding the period January-september last year, of which 2,83 billion dollars in the single segment of shipbuilding (+130.1%).
The Japanese navalmeccanico group Mitsubishi Heavy Industries (MHOS) has concluded the second trimester of fiscal year 2017, correspondent to the third trimester of the year, with a profit of clearly 9,1 billion yen (80 million dollars) respect to a net loss of -6,8 billion yen in according to trimester of fiscal year 2016. The revenues are increased of +3.8% going up to 937,2 billion yen and in increase it has turned out also the operating profit that has been attested 22,1 billion to yen (+63.7%). In the period MHOS it has obtained new orders for a value of 902,4 billion yen (+21.9%).
In the budget of the first semester of the fiscal year 2017 (period April-september) of the Japanese group figures revenues pairs to 1.825, 4 billion yen, with an increment of +4.3% on the same period of the exercise precedence. The operating profit has been of 38,2 billion yen (- 0.5%) and the operating profit is piled to 13,5 billion yen respect to an economic result of sign negative and pairs to clearly -18,9 billion yen in the first half of fiscal year 2016. In the period April-september of the 2017 MHOS has acquired new orders for 1,600, 5 billion yen (- 3.8%).
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