(Bloomberg) -- Samsung Heavy Industries Co., the
world's second-largest shipyard, said profit in the second
quarter more than quadrupled to a record as the company built
more gas and oil tankers at higher prices.
Net income rose to 130.2 billion won ($142 million) from
32.1 billion won a year earlier, the Seoul-based company said in
a regulatory filing today. That compares with a mean estimate of
97.8 billion won by five analysts in a survey by Bloomberg.
Sales rose 31 percent to an all-time high of 2.08 trillion won.
Read more at Bloomberg Emerging Markets News
world's second-largest shipyard, said profit in the second
quarter more than quadrupled to a record as the company built
more gas and oil tankers at higher prices.
Net income rose to 130.2 billion won ($142 million) from
32.1 billion won a year earlier, the Seoul-based company said in
a regulatory filing today. That compares with a mean estimate of
97.8 billion won by five analysts in a survey by Bloomberg.
Sales rose 31 percent to an all-time high of 2.08 trillion won.
Read more at Bloomberg Emerging Markets News
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