Hyundai Mipo Dockyard shifts to profits in Q2

Hyundai Mipo Dockyard-Q2 earnings

Hyundai Mipo Dockyard shifts to profits in Q2

SEOUL, July 29 (Yonhap) -- Hyundai Mipo Dockyard Co. on Friday reported its second-quarter net income of 37.5 billion won (US$28.9 million), turning from a loss of 146.9 billion won a year earlier.

The company said in a regulatory filing that it continued to post an operating loss of 6.6 billion won for the April-June period, compared with a loss of 192.2 billion won a year earlier. Sales rose 29.4 percent to 935.4 billion won.

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