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July 23, 2018

DSME’s Q1 operating profit up 34% to W298.6b

PUBLISHED : May 16, 2018 - 11:24

UPDATED : May 16, 2018 - 11:24

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[DISCLOSURE] Daewoo Shipping and Marine Engineering (042660) reported on May 15 that its operating profit in the first quarter rose 33.7 percent to 298.6 billion won (US$276.69 million) from the same period last year.

Revenue fell 17.4 percent on-year to 2.26 trillion won and net profit 3.1 percent to 226.3 billion won.

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

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