Hyundai Heavy Industries-Q2 earnings

Hyundai Heavy Industries remains in red in Q2

SEOUL, July 29 (Yonhap) -- Hyundai Heavy Industries Co. on Friday reported its second-quarter net loss of 64.7 billion won (US$49.8 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 108.3 billion won for the April-June period, compared with a loss of 422.7 billion won a year earlier. Sales rose 11.3 percent to 2.16 trillion won.

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