Company Profile For Hyundai Heavy Industries Co., Ltd.

Hyundai Heavy Industries Co., Ltd. is a Korea-based company engaged in ship building business. The Company operates six businesses. Its shipbuilding activities include the building of bulk carriers, crude oil carriers, liquefied petroleum gas carriers and other ships. The offshore and engineering business involves building oil- and gas-producing facilities. Its engine and machinery business carries out the manufacture and distribution of marine engines and equipment, petroleum power plants, robotics systems, advanced industrial machinery and turbines. The electro electric systems business markets switchgears, circuit breakers and other equipment. Its construction equipment unit manufactures crawler excavators, wheeled excavators, wheel loaders and other equipment. Its plant segment provides facilities for chemical engineering and power plants. It is also engaged in hotel business through its two subsidiaries.

BRIEF: For the fiscal year ended 31 December 2008, Hyundai Heavy Industries total revenues increased 32% to W27.484T. Net income increased 30% to W2.254T. Revenues reflect an increase in domestic and foreign demand for engine equipments and foreign demand for ship. Net income was partially offset by higher non-operating expense such as loss on valuation of derivatives and loss on foreign exchange transaction.

Hyundai Heavy Industries Co., Ltd.
1, Junha-Dong
Dong-Gu
Ulsan     682-792
P: +8252.2022114
F: +822.7464662

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