Hyundai Samho Heavy Industries, 1Q Operating Profit 15.7 Billion KRW... 61% Decrease YoY

[Asia Economy Reporter Minwoo Lee] Hyundai Heavy Industries Holdings announced on the 29th that its subsidiary Hyundai Samho Heavy Industries posted provisional results for the first quarter of this year with consolidated sales of 1.0416 trillion KRW and operating profit of 15.7 billion KRW. These figures represent decreases of 0.9% and 61.3%, respectively, compared to the same period last year. Net profit for the period was recorded at 27 billion KRW, down 39.1% year-on-year.