Arab Today, arab today hyundai heavy q2 net drops 17 pct
Last Updated : GMT 12:06:35
Arab Today, arab today
Arab Today, arab today

Hyundai Heavy Q2 net drops 17 pct

Arab Today, arab today

Arab Today, arab today Hyundai Heavy Q2 net drops 17 pct

Seoul - Yonhap

Hyundai Heavy Industries Co., South Korea\'s leading shipbuilder, said Wednesday that its second-quarter earnings sank 17 percent from a year earlier mainly due to increased prices of steel plates. Net profit reached 539 billion won (US$511 million) in the April-June period, compared with a profit of 645 billion won a year earlier, the company said in a regulatory filing.

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