Samsung Heavy Industries (SHI) smashed second-quarter earnings estimates but doubts remain about whether its full-year order target is within reach.
Seoul-listed SHI recorded a profit of KRW 206bn ($149m) in the three months to the end of June, shattering market projections by 45% and helping to ease memories of a heavy loss in the first three months of the year.
Sanjeev Rana, an analyst following the shipbuilder for Deutsche Bank, says the net profit confounded concerns among investors that further project provisions awaited.
Instead,
