Orders for more expensive vessels bumped fourth-quarter profit up almost 50% at Hyundai Heavy Industries.

The South Korean builder made a better-than-expected net profit of KRW 1.06 trillion ($950.57m) in the three months to the end of December. This was a 47% leap on the KRW 721.3bn taken in the comparable period last year.



The reason was a 21% hike in revenues from KRW 5.33