Daewoo eyes Dh36bn revenue this year

Daewoo Shipbuilding and Marine Engineering, the world's third-largest shipbuilder, said it expected revenue in 2009 to reach 13 trillion won (Dh36.2 billion).

The South Korean shipbuilder also said in a filing with the Korea Exchange that it expected to win new orders worth more than Dh36.7bn this year.

Daewoo Shipbuilding, which won Dh43.3bn in orders last year, estimates its 2008 revenue at more than 10trn won.