Hyundai mipo Q2 net plunges 51.2
Seoul - Yonhap
Hyundai Mipo Dockyard Co., a unit of the world's biggest shipbuilder, Hyundai Heavy Industries Co., said Tuesday that its second-quarter earnings plunged 51.2 percent from a year earlier due to decreased orders. Net profit came to 88.6 billion won (US$82.7 million) in the April-June period, compared with a profit of 181.6 billion won a year ago, the company said in a regulatory filing.
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