Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Samsung follows upward trend, Daewoo falls back

Samsung follows upward trend, Daewoo falls back

Seoul: Korea's second and third largest yard groups have posted sharply contrasting results for the third quarter to end September. Samsung Heavy Industries followed the improving trend already declared by STX Shipbuilding (see earlier story), with a net profit up 36.1% from a year ago as a result of increased ship prices and productivity. But Daewoo Shipbuilding & Marine Engineering saw net losses widen to Won 70bn from Won 19bn a year ago, despite a sales volume up from Won 1.05trn to Won 1.44trn.  [15/11/06]

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish

SMN_Podcast_Leaderboard.jpg