samsung heavy＇s q2 net jumps 24 pct

samsung heavy industries co., the world＇s second﹣largest shipyard, said today that its second﹣quarter earnings rose 24 per cent ｆrom a year earlier on rising demａnd for high﹣priced ships. net profit reached 168 billion won (us$167 million) in the april﹣june period, compared with 136 billion won a year earlier, the company said in a regulatory filing. sales climbed 24.2 per cent to 2.58 trillion won over the period, ａnd operating income more than doubled to 193 billion won, according to the company.
shares of samsung heavy industries closed at 41,900 won on the seoul bourse, down 0.71 per cent.
shipyards in south korea, the world＇s largest shipbuilding nation, are expected to post record earnings for the year on orders at groundbreaking prices