Samsung Heavy Industries has followed compatriot DSME in booking vastly improved figures for the first quarter of 2017.

Seoul-listed Samsung logged a profit of KRW 58.7bn ($51.6m) in the opening three months of the year, beating the KRW 15.9bn of a year ago.

Cost cuts played a part as revenue dropped by 3.7% but operating income shot up by from KRW 6.1bn