Capital erosion following the latest quarterly results could pose a delisting threat for South Korean shipbuilder DSME.
After logging a second quarter net loss of KRW 1.19 trillion and an operating loss of KRW 423.6bn, the Korea Times report that the shipbuilder is in need of a capital injection.
At the end of June, the company’s assets stood at KRW 15.6 trillion while liabilities amounted to KRW 16.8
