Nomura Adjusts HD Hyundai Marine Solution's Price Target to KRW340,000 From KRW270,000, Keeps at Buy
HD Hyundai Marine Solution (KRX:443060) has an average rating of buy and mean price target of 314,800 won, according to analysts polled by FactSet.
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HD Hyundai Marine Solution (KRX:443060) has an average rating of buy and mean price target of 314,800 won, according to analysts polled by FactSet.
HD-Hyundai Marine Solution (KRX:443060) secured a ship engine supply contract with Daehan Shipbuilding worth 40.5 billion won, according to a Friday filing with the Korea Exchange.The contract period runs until June 29, 2029.Shares of the marine solutions company fell nearly 2% in recent trade.
HD Hyundai Marine Solution (KRX:443060) logged 83 billion won in net income in the second quarter, compared with 53 billion won a year ago, a Monday filing showed.The South Korean marine engineering company's revenue reached an all-time high of 580.4 billion won, up from 467.7 billion won year over year.Meanwhile, a dividend of 900 won per share will be paid Aug. 25 to shareholders on record Aug. 11. It paid 700 won per share in the year-ago quarter.
An HD Hyundai Marine Solution (KRX:443060) worker died after falling during overhead crane maintenance work at a plate assembly area, parent HD Hyundai Heavy Industries (KRX:329180) said in a Friday filing with the Korea Exchange.Police and the Ministry of Employment and Labor are investigating the incident. The company will carry out site-wide safety training and implement measures to prevent similar accidents.Authorities also ordered a partial suspension of all crane repair and inspection work at the workplace from Thursday.Shares of HD Hyundai Marine Solution rose nearly 6% in recent trade, while those of HD Hyundai Heavy Industries added over 1%.
HD Hyundai Marine Solution (KRX:443060) secured a ship engine supply contract from Wuhu Shipyard, according to a Thursday filing with the Korean Exchange.The contract, valued at 28 billion won, is valid till Sept. 30, 2028.Shares of HD Hyundai Marine Solution fell more than 3% at market close.
HD Hyundai Marine Solution (KRX:443060) secured a ship engine supply contract from Samsung Heavy Industries (KRX:010140), according to a Friday filing with the Korean Exchange.The contract, valued at 46.81 billion won, is valid till Aug. 9, 2028.Shares of HD Hyundai Marine Solution rose more than 2% in recent trade, while those of Samsung Heavy Industries added nearly 8%.