[Korea gimdohyeon financial newspaper News] Daewoo Construction year embellish off potential insolvency was successful turnaround.
Daewoo has posted 25 days has recorded an operating profit of 221.1 billion won in the first quarter. This is increase of 171% yoy recorded an operating profit of 81.6 billion won. Net income is sensational results in comparison to the loss of 7.5 billion won to 191.9 billion won a year earlier earnings.
The surprising when compared to the fourth quarter of last year and earnings. Tipping off potential bad look that recorded a net loss of 767.8 billion won and 869.2 billion won operating loss has succeeded in drawing a huge upward curve.
The performance of the Daewoo is literally "earnings surprises" to a level exceeding the market consensus score. Before the financial information company epeuen guide was expected 1Q12 operating profit of 132.4 billion won in Daewoo E & C. Dwaetjiman the construction industry most of the first quarter hoseongjeok expectations, propaganda Daewoo should have been expected or later.
Factors heukjeo switch is that it has grown even in civil, housing, building, plant, etc. jeonbumun. Especially active were achieving good profitability in the housing and construction sector who has developed a pre-sale business was the main point is the international division turned to black. This led to a 3.2% increase from the previous year (2.5589 trillion won).
Daewoo official said, "the housing sector is strong it continues to trend earnings outlook is good this year," said "overseas embellish out any potential toxic and no additional loss of room to accelerate sales of a good site profitable, Vietnam Star Lake New Town will, "he says.
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