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Last 143,000 KRW
Change Today +7,500 / 5.54%
Volume 345.5K
009540 On Other Exchanges
Korea SE
As of 2:29 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

hyundai heavy industries (009540) Snapshot

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05/23/14 - 192,500
52 Week Low
10/31/14 - 89,500
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hyundai heavy industries (009540) Details

Hyundai Heavy Industries Co., Ltd. manufactures and sells ships, offshore structures, plants, engines, and other products in Korea, North America, Asia, and Europe. The company operates in 10 segments: Shipbuilding, Offshore and Engineering, Industrial Plant and Engineering, Engine and Machinery, Electro Electric Systems, Construction Equipment, Green Energy, Financial Services, Oil Refining, and Others. It offers VLCCs, tankers, product carriers, containerships, bulk carriers, OBO carriers, LNG carriers, LPG carriers, FSRUs, drill ships, pure car carriers, Ro-Ro ships, RO-Pax ships, submarines, destroyers, frigates, and semi submersible rigs. The company also provides floating units, such as FPSOs, FLNGs, FPUs, Spars, and TLPs; fixed platforms, including topsides, jackets and piles, jack-ups, modules, and quarters; pipelines and subsea facilities consisting of subsea pipeline systems; offshore installations comprising platforms and pipelines; and land-based modules, as well as executes power, and oil and gas projects. In addition, it offers excavators, wheel loaders, forklifts, and skid loaders; wind and solar power systems; and petroleum products, petrochemicals, and lubricant oils, as well as is engaged in the securities brokerage, asset management, futures, corporate finance, and leasing. Further, the company provides two-stroke diesel and four-stroke HiMSEN engines; marine equipment; diesel power plants; industrial and marine pumps; ballast water treatment systems; side thrusters and compressors; and robots, press, and conveyor systems. Additionally, it offers transformers, gas insulated switchgears, switchgears, low- and medium-voltage circuits, breakers, rotating machinery, integrated control and monitoring systems, power electronics, and marine electrical equipment; designs, manufactures, and repairs gearboxes and transformers; and is engaged in football club and hotel operations. The company was founded in 1973 and is headquartered in Ulsan, South Korea.

Founded in 1973

hyundai heavy industries (009540) Top Compensated Officers

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hyundai heavy industries (009540) Key Developments

Larsen & Toubro signs technology transfer agreement with Hyundai Heavy Industries to Build LNG Carriers in India

Larsen & Toubro has signed a technology transfer agreement with Hyundai Heavy Industries (HHI) to build carriers for liquefied natural gas (LNG) at its shipyard in Kattupalli, near Chennai. While L&T aims to bag order from GAIL India, which is likely to re-launch tender for nine LNG carriers with this tie-up, the company hopes to get more orders in India and abroad. GAIL had issued a 42,370-tender to charter nine LNG carriers in August last year which was later scrapped due to dismal response. L&T set up the INR 47,000 million shipyard-cum-port complex at Kattupalli with the ambition to manufacture warships, large commercial vessels and to augment the existing capacity at Hazira for submarines. The company hopes to make it the next major international destination after Colombo and Singapore ship repairs in the region. While the company has received some naval orders, the shipyard is still under utilised given its potential to build sophisticated carriers.

Hyundai Heavy Industries Announces Consolidated Earnings Results for the First Quarter of 2015

Hyundai Heavy Industries announced consolidated earnings results for the first quarter of 2015. For the quarter, the company’s sales declined 11.7% quarter on ­quarter from KRW 13.8461 trillion to KRW 12.2281 trillion, due to a reduction in tonnage under construction and plummeting oil prices. Operating loss widened quarter on ­quarter to KRW 192.4 billion from KRW 22.3 billion due to the booking of KRW 161.4 billion in retirement bonus, cost overruns resulting from construction delays of special ships including semi­ submersible rigs, and postponement in reaching agreement with clients on change orders pertaining to offshore projects such as Gorgon project. Net loss also expanded quarter on ­quarter to KRW 125.2 billion from KRW 37.9 billion.

Hyundai Heavy Industries Co.,Ltd, Q1 2015 Earnings Call, Apr 28, 2015

Hyundai Heavy Industries Co.,Ltd, Q1 2015 Earnings Call, Apr 28, 2015


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009540 Competitors

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