Hyundai Heavy Industries bounced back into the black in the second quarter aided by a turnaround in its shipbuilding performance.

Seoul-listed HHI booked a profit of KRW 292bn ($275m) in the three months to the end of June, its best performance in three years.

Its bottom line beat the KRW 241.2bn loss of a year ago and the KRW 130.3bn Bloomberg consensus.

HHI