▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald
검색폼

THE INVESTOR
March 28, 2024

Stocks & Bonds

[EQUITIES] ‘Samsung Heavy’s loss may worsen in 2018’

  • PUBLISHED :December 07, 2017 - 14:03
  • UPDATED :December 07, 2017 - 14:03
  • 폰트작게
  • 폰트크게
  • facebook
  • sms
  • print

[THE INVESTOR] Samsung Heavy Industries’ estimated loss next year might be higher than expected, said SK Securities on Dec. 7, maintaining a “hold” recommendation and lowering the target price to 10,000 won (US$9.15) from 11,000 won.




Its earnings guidance speculated that its operating loss in 2017 and 2018 will reach 490 billion won and 240 billion won, respectively, reflecting the rising fixed costs and commodities prices as well as appropriation funds, said analyst Yoo Seung-woo. 

There has been an agreement to raise the price of thick plates for three major shipbuilders but there is a possibility that there will be a further increase in the first half of next year, and that could deepen Samsung Heavy’s loss in 2018, noted the analyst. 

By Hwang You-mee (glamazon@heraldcorp.com)

EDITOR'S PICKS