Samsung Heavy Industries remains in red in Q2

Samsung Heavy Industries-Q2 earnings

Samsung Heavy Industries remains in red in Q2

SEOUL, July 29 (Yonhap) -- Samsung Heavy Industries Co. on Friday reported its second-quarter net loss of 39.1 billion won (US$30.1 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 255.8 billion won for the April-June period, compared with a loss of 437.9 billion won a year earlier. Sales fell 16.9 percent to 1.42 trillion won.

(END)

(C) Yonhap News Agency. All Rights Reserved