Hyundai Heavy Industries has set a lower order target this year marking the first time in a decade it has lowered its sights from the previous 12 months.
Seoul-listed HHI is targeting sales of KRW 15 trillion ($12.46bn) in 2017, down from the $19.5bn it secured last year.
Kang Hwan-goo, chief executive of Hyundai Heavy Industries, said the lower figure was chosen due to an “extremely unfavorable external environment”.
He
