HD Hyundai Heavy Industries (KRX:329180) is targeting total sales of 24.4 trillion won in 2026, the shipbuilder said in a Thursday filing with the Korea Exchange.
The new year's sales targets are based on the company's internal standards, taking into account key indicator forecasts and the prevailing business environment. The estimates are based on the Korean International Financial Reporting Standards (K-IFRS).
The company has accumulated total orders of $20.4 billion for this year, spanning shipbuilding, offshore plant, and engine and machinery.
Shares of HD Hyundai Heavy Industries rose more than 4% at market close.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments