Friday, October 19, 2012

Hyundai orders fall 40%



Hyundai Heavy Industries announced in a regulatory filing Thursday afternoon that it has won new orders worth a total of $13.12bn during the first nine months of this year, on a stand-alone basis.

The figure is down by 40.4% against the same period a year ago.

The Korean heavy industries company's shipbuilding division won $5.02bn orders during the period, offshore division inked $1.6bn and industrial plant unit penned $552m, down by 49.9%, 51.9% and 43.9% year-on-year respectively.



Published : October 19, 2012

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