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Daewoo Shipbuilding's profit in big dive

The South Korean shipbuilder's bottom line took a dive in the second quarter compared to last year, when one-off gains boosted the group's results. And a sale of a loss-making unit will hurt the third quarter figures.
Photo: Thorbjørn Hansen
Photo: Thorbjørn Hansen
by DANIEL LOGAN

Daewoo Shipbuilding & Marine Engineering booked a significantly lower result in the second quarter of the year.

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