In the second quarter of this year, Korea's top three domestic shipyards performed well, with comprehensive operating profit exceeding 2.7 trillion won, mainly due to an increase in the proportion of high-value-added vessels such as liquefied natural gas carriers. According to industry sources, on the 29th, HD Korea Shipbuilding & Offshore Engineering [009540], Hanwha Marine [042660], and Samsung Heavy Industries [010140] achieved a combined operating profit of 2.7062 trillion won in the second quarter. Total sales amounted to 17.609 trillion won. High-priced ships ordered during the shipbuilding boom are now reflected in sales, and increased productivity and selective order strategies are thought to have boosted profitability.
Zhitongcaijing · 3d ago
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In the second quarter of this year, Korea's top three domestic shipyards performed well, with comprehensive operating profit exceeding 2.7 trillion won, mainly due to an increase in the proportion of high-value-added vessels such as liquefied natural gas carriers. According to industry sources, on the 29th, HD Korea Shipbuilding & Offshore Engineering [009540], Hanwha Marine [042660], and Samsung Heavy Industries [010140] achieved a combined operating profit of 2.7062 trillion won in the second quarter. Total sales amounted to 17.609 trillion won. High-priced ships ordered during the shipbuilding boom are now reflected in sales, and increased productivity and selective order strategies are thought to have boosted profitability.
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