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April 20, 2024

Samsung Heavy’s Q1 operating profit up 350% to W27.5b

PUBLISHED : April 28, 2017 - 16:02

UPDATED : April 28, 2017 - 16:02

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[DISCLOSURE] Samsung Heavy Industries (010140) reported on April 28 that its operating profit in the first quarter soared 350.8 percent to 27.5 billion won (US$24.20 million) from the same period last year.

Its revenue fell 3.7 percent to 2.44 trillion won while net profit surged 269.2 percent to 58.7 billion won on-year. 

By Hwang You-mee (theinvestor@heraldcorp.com)

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