Seoul - Arab Today
Hyundai Engineering & Construction Co., South Korea's largest builder, said Friday its fourth-quarter net profit dropped 20.2 percent from a year earlier in the face of adverse conditions in the industry. The company's bottom line came to 120.8 billion won (US$112.2 million) in the October-December period, compared with 151.5 billion won the previous year, the company said in a regulatory filing