📉Samsung Heavy’s Profit Down 82%
South Korean shipbuilder Samsung Heavy Industries (SHI) said that net profit for the third quarter of 2017 was down 81.8% year on year to KRW23.4 billion (USD20.44 million), mainly due to deliveries of low-priced vessels and a decrease in orders.
According to Yonhap, the operating income in the July-September period reached 23.6 billion won, sharply down from an operating income of 84.1 billion won a year earlier.
https://www.marinelink.com/amp/news/samsung-heavys-profit431057