HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (009540.KS) on Thursday reported sharply higher first-quarter earnings, mainly driven by growth in sales.
Net income from continuing operation before income tax surged 96.2% to 1.5681 trillion won from 799.2 billion won in the prior-year quarter.
Operating profit increased 57.8% to 1.356 trillion won from 859.2 billion won a year earlier.
Net income attributable to shareholders of the parent company climbed to 844.3 billion won from 495.4 billion won in the corresponding quarter last year.
Sales increased 20.2% to 8.1409 trillion won from 6.7717 trillion won a year earlier.
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