Cash-strapped Doosan Heavy improves financial health via self-rescue plan |
This file photo, provided by Doosan Heavy Industries & Construction Co. on Aug. 12, 2020, shows a view of the power plant builder s plant in Changwon, 398 kilomters south of Seoul. (Doosan Heavy Industries & Construction Co.)
Cash-strapped Doosan Heavy Industries & Construction Co. has improved its financial health this year by selling new shares and assets and receiving financial help from its holding company Doosan Corp. and key shareholders, a local rating appraiser said Thursday. Doosan Heavy has been improving its financial status and reducing its debts on the back of Doosan Group s self-rescue plan, NICE Investors Service said in its report.