Maritime Monitoring
Samsung Heavy Industries Swings to Full Year Loss
South Korean shipbuilder Samsung Heavy Industries (SHI) posted a KRW 1.2 trillion (USD 998 million) net profit loss for the financial year ending December 31st, plunging from last year’s KRW 147 bn profit. The company’s operating profit loss dropped to KRW 1.5 trillion against KRW 183 billion profit reported in 2014. SHI reported a net […]
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