[EQUITIES] HI Investment expects complete turnaround by Doosan Heavy Industries in Q3

[THE INVESTOR] HI Investment & Securities said on July 19 that Doosan Heavy Industries & Construction would continue into the black in the third quarter of this year after posting positive earnings in the second quarter.

The firm is likely to continue to post profit as it initiates the orders it reaped in 2014 and 2015, the brokerage said.

In the second quarter of this year, Doosan Heavy Industries’ operating profit rose 16 percent to 262.4 billion won (US$ 230.25 million).

By Kim Ji-hyun (jemmie@heraldcorp.com)