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HD-Hyundai Marine Engine Q2 Net Income Surges; Revenue Surges

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HD-Hyundai Marine Engine (KRX:071970) posted a 93% year-over-year surge in attributable net income for the second quarter to 31.9 billion won from 16.6 billion won.

The marine engine manufacturer's revenue surged 29% to 128.1 billion won for the three months ended June 30 from 99.2 billion won, according to a bourse filing on Tuesday.

For the cumulative six-month period, net income surged 97% to 60 billion won from 30.4 billion won a year earlier.

Sales surged 44% to 261.6 billion won from 182.3 billion won a year earlier.

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