ID :
86449
Tue, 10/27/2009 - 20:21
Auther :
Shortlink :
https://www.oananews.org//node/86449
The shortlink copeid
Hyundai Engineering Q3 profit falls 16.8 pct
SEOUL, Oct. 27 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's biggest construction firm, said Tuesday its third-quarter net profit fell 16.8 percent from a year ago as the economic slump slashed orders for new apartments.
Hyundai Heavy earned 103.5 billion won (US$87.3 million) in the July-September
period, the company said in a statement.
Third-quarter operation profit, however, rose 3 percent from a year ago to 126.2
billion won. Sales gained 29.9 percent to 2.35 trillion won.
In the first nine months of this year, Hyundai Engineering's operating profit
declined 11.9 percent from a year ago to 357.4 billion won.
For all of 2009, Hyundai Engineering aims to post an operating profit of 462.6
billion won on sales of 8.02 trillion won.
(END)
Hyundai Heavy earned 103.5 billion won (US$87.3 million) in the July-September
period, the company said in a statement.
Third-quarter operation profit, however, rose 3 percent from a year ago to 126.2
billion won. Sales gained 29.9 percent to 2.35 trillion won.
In the first nine months of this year, Hyundai Engineering's operating profit
declined 11.9 percent from a year ago to 357.4 billion won.
For all of 2009, Hyundai Engineering aims to post an operating profit of 462.6
billion won on sales of 8.02 trillion won.
(END)
