Korea Investors Service upgrades HD Hyundai and two affiliates to AA- from A+, citing tenfold surge in shipbuilding operating profit to 3.9 trillion won and tripling of power equipment earnings, with strong performance expected to continue as other rating agencies signal potential upgrades
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Korea Investors Service Upgrades HD Hyundai, HD Hyundai Heavy Industries, HD Hyundai Electric to 'AA-'
Korea Investors Service upgrades HD Hyundai and two affiliates to AA- from A+, citing tenfold surge in shipbuilding operating profit to 3.9 trillion won and tripling of power equipment earnings, with strong performance expected to continue as other rating agencies signal potential upgrades