Korea's Samsung Heavy Industries has increased first quarter earnings, but failed to meet analysts' expectations.
The company logged net profit of KRW 16.6bn ($14.55m) to 31 March, against KRW 10.9bn in the same period of 2015.
Analysts cited by Bloomberg expected KRW 22.4bn, however.
Operating profit stood at KRW 6.1bn, compared to KRW 26.3bn last year and estimates of KRW 39.8bn.
Revenue was down slightly to KRW 2.53
