HHI said in its interim report for the first six months of this year that the group’s new orders amounted to USD 2.25 billion, up by 15.9 percent year-on-year.
The company’s offshore and engineering arm saw a 66.6 percent decline in orderbook value reaching USD 139 million.
HHI’s industrial plant branch was hit the hardest with 83 percent decline y-o-y standing at USD 11 million against USD 65 million from the corresponding period last year.
Hyundai’s engine and machinery business had a similar performance when compared to last year’s figures earning USD 446 million against last year’s USD 470 million, down by 5.1 percent.
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