Korea Investment & Securities analyst Park Min said, "The amount of orders booked so far this year to date for Samsung Heavy Industries is $12.4 billion, about 95 percent of the $13-billion target by the year's end. Given the deals currently under negotiation, it will be able to win more than $15 billion by the end of the year."
"Samsung Heavy can maintain its operating profit ratio of 8 percent, the highest level among all shipbuilders, especially given most of the drill ship deliveries are concentrated in a few months at the end of the year, which will improve the company's cash flow substantially," he added.
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