Samsung Heavy Industries follows major competitor into the red

Just as its major competitor, South Korea's Samsung Heavy Industries reports a deficit in the third quarter this year. The company cites two reasons.
Photo: Samsung Heavy Industries
Photo: Samsung Heavy Industries

Shipbuilder Samsung Heavy Industries booked a deficit on the bottom line in the third quarter of this year. In total, the deficit amounted to KRW 80.3 billion, corresponding to USD 70.9 million, report several media.

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