(MENAFN) The world's largest shipbuilder, Hyundai Heavy Industries Co., narrowed its net loss in the fourth quarter of 2014, Yonhap News reported.
The company's net loss came down to USD34.3 million in the fourth quarter compared with a net loss of USD206.31 million a year ago.
In the same period, sales fell to USD12.54 billion, a decrease of 6.5 percent. The company's operating loss went down to USD20.19 million in the fourth quarter from USD78.88 million a year earlier.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.