Hyundai Merchant to see turnaround next year, chief says
May 16, 2017
Hyundai Merchant Marine Co., a major shipping firm here, will be able to achieve a turnaround during the second half of next year given its improving financial status and business conditions, its chief said Tuesday."Our business is quickly getting back on track helped by improving business and financial conditions," Hyundai Merchant chief executive Yoo Chang-keun said in a meeting with junior-level employees. (Yonhap)On Monday, Hyundai Merchant reported that its operating loss narrowed to 131 bi