UPDATE 1-Hyundai Heavy Q4 beats forecast, shares jump

Newswire

(Adds details, shares, analysts) By Cheon Jong-woo SEOUL, Jan 31 (Reuters) - Hyundai Heavy Industries Co Ltd , the world's top shipbuilder, on Thursday reported a bigger-than-expected 74 percent jump in quarterly profit, fuelled by high-value ship orders and cost cuts. After the result, shares in Hyundai, with a market value of $23 billion, soared 10.31 percent to 315,500 won as of 0456 GMT, leading a 2.39 percent gain in the broader market , and taking back a similar loss from the ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Hyundai Heavy Q4 beats forecast, shares jump" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×