A drop in shipbuilding revenues could not hold Hyundai Heavy Industries (HHI) back in the third quarter as net profit boomed.



The Korean manufacturer benefited from increased offshore orders and a depreciating home currency which combated a drop in engine work volumes.

Net profit for the three months to the end of September was KRW 863.4bn ($768.1m) as against KRW 533.9bn. This was still, however, quite a bit off the KRW 910.5m