Daewoo Q4 Net Rises

Tuesday, February 03, 2009

According to a report from TradingMarkets.com, Daewoo Shipbuilding & Marine Engineering Co.(KSE:042660), the world's third-largest shipyard, said its fourth-quarter earnings increased more than five-fold due to construction of more expensive vessels. Net profit reached $210m in the October-December period.

(Source: TradingMarkets.com)

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