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MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  Korea Shipbuilding & Offshore Engineering Co., Ltd.    A009540   KR7009540006

KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO., LTD.

(A009540)
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Korea Shipbuilding & Offshore Engineering : Swung to Net Loss in Third Quarter

10/30/2020 | 12:03am EST

By Kwanwoo Jun

Korea Shipbuilding & Offshore Engineering Co. swung to a net loss in the third quarter, as currency-exchange losses caused by the dollar's weakness weighed on earnings.

Net loss for the quarter ended Sep. 30 was 77.00 billion won ($68.1 million) compared with a net profit of KRW20.40 billion in the same quarter a year earlier, the South Korean shipbuilder said Friday. That missed a FactSet consensus forecast for a net profit of KRW40.22 billion.

Revenue during the quarter fell 5.0% on year to KRW3.460 trillion, while operating profit gained 34% on year to KRW40.70 billion.

The company said more profitable contract wins and cost-saving efforts helped it maintain an operating profit for the quarter, but currency-exchange losses led to a net loss.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

(END) Dow Jones Newswires

10-30-20 0102ET

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Financials
Sales 2020 15 461 B 14,0 B 14,0 B
Net income 2020 60,1 B 0,05 B 0,05 B
Net Debt 2020 2 401 B 2,17 B 2,17 B
P/E ratio 2020 67,9x
Yield 2020 0,37%
Capitalization 7 425 B 6 713 M 6 720 M
EV / Sales 2020 0,64x
EV / Sales 2021 0,60x
Nbr of Employees -
Free-Float 57,6%
Chart KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO., LTD.
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Korea Shipbuilding & Offshore Engineering Co., Ltd. Technical Analysis Chart | A009540 | KR7009540006 | MarketScreener
Technical analysis trends KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO., LTD.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Average target price 123 434,78 KRW
Last Close Price 105 000,00 KRW
Spread / Highest target 42,9%
Spread / Average Target 17,6%
Spread / Lowest Target -26,7%
EPS Revisions
Managers and Directors
NameTitle
Oh-Gap Kwon Co-Chief Executive Officer & Director
Sam-Hyeon Gah Co-Chief Executive Officer & Director
Young-Chul Cho Chief Financial Officer & Director
Hyuk Choe Independent Director
Suk-Sig Lim Independent Director