KRX:267250

2 stories mentioning KRX:267250Updated just now

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HD Korea Shipbuilding Dismisses Report on HD Hyundai JV with Cochin Shipyard; Shares Decline 6%

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) dismissed a report by The Financial News that claimed parent HD Hyundai (KRX:267250) had established a joint venture with an Indian shipbuilder, according to a Tuesday filing with the Korea Exchange.The South Korean shipbuilder said that it had signed a memorandum of understanding with Cochin Shipyard (BOM:540678, NSE:COCHINSHIP) in July 2025, but no concrete decision has been made on establishing a JV shipbuilding company, as mentioned in The Financial News.Shares of HD Korea Shipbuilding & Offshore Engineering fell nearly 6% in recent trade, while those of Cochin Shipyard added nearly 2%.

BOM:540678KRX:009540KRX:267250NSE:COCHINSHIP

Asia40d ago

HD Hyundai's Net Income Jumps 256% in Q1

HD Hyundai (KRX:267250) posted first-quarter net income attributable to shareholders of 781.2 billion won, up 256% from 219.2 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.The South Korean shipbuilder's sales rose 15% year over year to 19.6 trillion won from 17.1 trillion won.Shares of HD Hyundai rose 4% at market close.

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