Hanwha Ocean stocks increases 16% after US-Karei Trading Deal

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Hanwha Ocean shares rose 16.06% on Thursday to the highest level since July 2015, after US President Donald Trump’s announcement A blanket of 15% tariff for seul exports to the US.

According to Reuters, Kim Dong Kwan, the Vice-Chairman of the Hanwha Group, was part of the Business Heads Delegation in Washington, which lobbyed the trade transaction, which included the chairman of the Motor Group Hyundai Euisun Chung and the chairman of Electronics Samsung Jay Y. Lee.

It is expected that Hanwha Group expand or upgrade objects on its shipyard Fila in Philadelphia, which he purchased last year, Yonhap news agency reportPlaying a key role in reviving the US shipbuilding.

On Thursday, the second session of the South Korean shipbuilder said in green. His profit goes on the splash of his operating income in the second quarter, ended in June, as well as in a number of ads.

Reports Hanwha Ocean Operating Profit in 371.7 billion Korean wins ($ 266.7 million) in the second quarter ended in June on Tuesday. This is approximately 43.6% higher than 259 billion won in the previous quarter, and a loss from the loss of 10 billion won during the year ago.

The revenue jumped 4.8% in a quarter-inch to 3.3 trillion, thanks to stronger commercial and offshore sales, Ship Builder reports.

The company also announced that it provided new orders worth 353.6 billion in Reuters.

Separately, the shipbuilder on Thursday launched multiple initiativesPart of the 2023 program, with industry partners to make it more competitive worldwide, monitor the threat represented by Chinese shipbuilders.

To another step, Hanwha Ocean too Create a new engineering center in IndiaAccording to Korea Bizwire.

Referring to the comments of industry sources, familiar with this issue, the South Korean publication noted that the Indian Center for Hanwha Ocean India was opened on Sunday, which was opened 26 kilometers from the capital of India, New Delhi.

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