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(From Lloyds List)
ANOTHER leading Korean shipyard has seen its profits for last year suffer from soaring iron ore costs, writes Sam Chambers in Hong Kong.
Hanjin Heavy Industries saw operating profit plunge from Won90.7bn ($77m) to Won51.4bn in preliminary, unaudited results.
Revenues, though, were up from Won1.54 trillion won to 1.95trn. Net …