[Asia Economy Reporter Geum Boryeong] Hyundai Rotem's stock price is showing a downward trend on the afternoon of the 16th following news that the company has entered an emergency management system.
As of 3:08 PM that day, Hyundai Rotem's stock price recorded 16,650 KRW, down 4.58% (800 KRW) compared to the previous day.
This is closely related to Hyundai Rotem, which has been struggling due to accumulated deficits, forming an emergency management committee. On the 15th, a day before, Hyundai Rotem held an emergency management declaration ceremony for management innovation at its Changwon factory in Gyeongnam.
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