South Korea’s major shipbuilders are set to report better-than-expected earnings in the third quarter of the year, according to analysts.
The improvements are largely due to their efforts to cut costs through tough restructuring, reports the Yonhap News Agency.
Hyundai Heavy Industries (HHI) is forecast to post an operating income of KRW 264bn ($235m) in the third quarter of the year, on sales of KRW 9.15
