Hyundai Heavy Aims for $27b orders in 2008

Hyundai Heavy Industries Co. said it was aiming to win $27.4b worth of orders in 2008 from an estimated $26.9 billion in 2007, the South Korean firm said on Monday. Hyundai said in filings with the Korea Exchange it was also aiming to post annual revenue of $19.34b won in 2008, up 16 percent won in 2007. The company also said the 2007 estimated order total represented a 42 percent jump from 2006, while the 2007 revenue figure represented a 24 percent increase. Source: Reuters