Green Light for HHI Improvement Plan
Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement plan is good enough for HHI to make operating profits and secure liquidity even in the worst case scenario.
According to MANA, According to the analysis of Samil PwC, with the faithful execution of the proposed management plan, HHI would be able to make operating profits, secure enough liquidity and cut down considerable amount of debt each year until 2020.
An HHI official said, “The green light from Samil PwC for our management improvement plan today will help us greatly to regain the trust of the market and financial sector.”