Hyundai Mipo Dockyard announced that its 2013 revenue recorded KRW 3.5trn ($3.3bn), declined by 12.57% year-on-year, on K-IFRS stand-alone basis, through a regulatory filing on December 31, 2013.

In 2013, the Korean shipyard contracted a total of $5.94bn, which jumped by 100.68% against a year ago which recorded $2.96bn.
During the same period, KRW 48.5bn of facility investment was made, down by 19.03%.

Particularly, amid growing demand for product carriers and eco ships, orders were concentrated on the fourth quarter. In Q4 alone, Hyundai Mipo booked orders worth $2.83bn and reached 185% of its yearly order target, $3.2bn.