Hanwha delays Philly Shipyard profit as U.S. costs rise and orders slip

As results at Hanwha Philly Shipyard Inc. in the United States have been slow to improve, attention is focusing on when it will turn a profit. Hanwha Group’s expected timeline for the Philly Shipyard to swing to the black has shifted from this year to next year. That is because rising construction expense and process ...

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