Hanjin Heavy I&C Holdings suffers W278b impaired loss in 2015

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Hanjin Heavy I&C Holdings suffers W278b impaired loss in 2015

Hanjin Heavy Industries & Construction Holdings (003480) reported on Aug. 16 that it has posted 278.7 billion won (US$254.10 million) impaired loss on bonds in 2015 fiscal year. It was due to the decrease in non-operational asset value of its subsidiary Hanjin Heavy Industries & Construction (097230), the company explained. This amounts to 26.32 percent of its equity capital as of 2014.

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Hanjin Heavy I&C Holdings suffers W278b impaired loss in 2015

Aug. 16, 2016 - 17:48 By 황유미

[DISCLOSURE] Hanjin Heavy Industries & Construction Holdings (003480) reported on Aug. 16 that it has posted 278.7 billion won (US$254.10 million) impaired loss on bonds in 2015 fiscal year. It was due to the decrease in non-operational asset value of its subsidiary Hanjin Heavy Industries & Construction (097230), the company explained. This amounts to 26.32 percent of its equity capital as of 2014.

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