South Korean shipbuilder Samsung Heavy Industries‘ earnings rose 32.6% in 2010 compared with 2009. The increase was attributed to high orders for drill ships.
Samsung Heavy said it made a net income of $796m in 2010, an increase of $59.7m on the previous year.
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The shipbuilder’s operating profits went up by 25.7% to $88.8m, while sales slipped 0.3%.
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