HD Korea Shipbuilding & Offshore Engineering Turns to Profit in Q4

MT Newswires Live
07 Feb

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) turned to an attributable profit of 540.2 billion won in the fourth quarter of 2024, from a loss of 25.3 billion won in the year-ago period, according to a Thursday filing with the South Korean Financial Supervisory Service.

Sales at the shipbuilder increased about 20% to 7.162 trillion won from 5.989 trillion won in the previous year.

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