(LEAD) Samsung Heavy Industries Q3 net profit more than triples on high-value-added ships

Yonhap News Agency
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Samsung Heavy Industries reported a Q3 net profit of 470.8 billion won, more than tripling from last year, driven by strong sales of high-value-added vessels including LNG carriers and floating LNG facilities. Operating profit rose 42.1% to 338.4 billion won, with revenue up 19.6% to 3.15 trillion won. The company has secured $12.4 billion in orders for 48 vessels, reaching 89% of its annual target.

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