Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
South Korean military plans to launch new division for future warfare
-
8
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Teen smoking, drinking decline, while mental health, dietary habits worsen
Hyundai E&C Q2 profit up 5.5% on overseas projects
By Korea HeraldPublished : July 27, 2016 - 14:59
[THE INVESTOR] Hyundai E&C, the engineering and construction unit of Hyundai Motor Group, on July 27 said that its second-quarter operating profit increased 5.5 percent to 268.4 billion won (US$236.80 million) from a year ago, thanks to large orders from the Middle East.
But revenue was down 2.7 percent to 4.6 trillion won during the April-June period.
But revenue was down 2.7 percent to 4.6 trillion won during the April-June period.
For the whole year, the company’s operating profit soared 4.5 percent to 475.6 billion won compared to last year.
The builder improved profits largely driven by big projects secured in Korea and overseas, especially in Middle East.
In the first half of this year, the company won a total of 8.5 trillion won orders, which compares with 11.9 trillion won a year ago.
By Lee Ji-yoon (jylee@heraldcorp.com">jylee@heraldcorp.com)
-
Articles by Korea Herald
