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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 15 559 B 14,1 B 14,1 B
Net income 2020 68,4 B 0,06 B 0,06 B
Net Debt 2020 3 648 B 3,30 B 3,30 B
P/E ratio 2020 53,6x
Yield 2020 0,37%
Capitalization 7 460 B 6 755 M 6 752 M
EV / Sales 2020 480x
EV / Sales 2021 487x
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 | MarketScreener
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Technical analysis trends KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO., LTD.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Average target price 114 608,70 KRW
Last Close Price 105 500,00 KRW
Spread / Highest target 28,0%
Spread / Average Target 8,63%
Spread / Lowest Target -27,0%
EPS Revisions
Managers
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
Sector and Competitors