South Korea’s shipbuilding giants are once again being tipped for a positive second quarter results season with profitable operating numbers projected.
Cost cuts and a rise in new contracts this year will both play a part in the improved numbers, according to forecasts from FnGuide.
Hyundai Heavy Industries is set to record operating income of KRW 148bn ($132m) for the three months to the end of June, Yonhap reports.
