Yonhap Infomax NewsHD Hyundai Heavy Industries Holdings reported that one-off performance bonuses reduced its Q4 operating margin by over 1 percentage point, while FX gains added 50 billion won despite high hedging, as operating profit more than doubled on strong results.
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HD Hyundai Heavy Industries Holdings Says Excluding Additional Bonuses Would Have Boosted Operating Margin by 1%p—500 Billion Won FX Gain Despite Hedging
HD Hyundai Heavy Industries Holdings reported that one-off performance bonuses reduced its Q4 operating margin by over 1 percentage point, while FX gains added 50 billion won despite high hedging, as operating profit more than doubled on strong results.