STX Group is aiming for 1 trillion won (some $850 million) in operating profit in 2010 as the group expects to see a recovery in the shipbuilding and shipping sectors.
It also aims to record 25 trillion won ($22 billion) in total sales and 33 trillion won in orders in the new year capitalizing on new growth sectors ? plants, construction and energy, the group said in a statement.
STX is expected to get 23 trillion won in sales and 16 trillion won in orders for 2009, it said.
Next year's sales target represents an increase of 9 percent from this year's estimated sales, while the new orders target is up 106 percent from 2009.
Our moves into new growth sectors ranging from plants and construction to energy are likely to expand. Also, STX sees a recovery in shipping and other relevant segments,'' a group spokesman said.
Of the 2010 sales target, STX aims to get 14 trillion won from its shipbuilding and machinery divisions, while the mid-sized conglomerate is looking for 9 trillion won in its shipping and trading divisions.
To achieve the operating profit target, it will advance further into emerging markets such as the Middle East, Latin America and Africa, according to the statement.
In a separate official statement, STX Engine ? a unit of STX Group ? has secured a 45 billion won ($39 million) deal to supply diesel engines to be mounted on Korea Coast Guard patrol ships.
The deal with Hyundai Heavy Industries, the world's top shipbuilder, calls on STX Engine to deliver the engines by November 2011.
Earlier this month, STX Engine clinched a 52 billion won deal to supply diesel engines for Hanjin Heavy Industries, and a similar deal for diesel engines with Samsung Techwin valued at 164 billion won.
It also aims to record 25 trillion won ($22 billion) in total sales and 33 trillion won in orders in the new year capitalizing on new growth sectors ? plants, construction and energy, the group said in a statement.
STX is expected to get 23 trillion won in sales and 16 trillion won in orders for 2009, it said.
Next year's sales target represents an increase of 9 percent from this year's estimated sales, while the new orders target is up 106 percent from 2009.
Our moves into new growth sectors ranging from plants and construction to energy are likely to expand. Also, STX sees a recovery in shipping and other relevant segments,'' a group spokesman said.
Of the 2010 sales target, STX aims to get 14 trillion won from its shipbuilding and machinery divisions, while the mid-sized conglomerate is looking for 9 trillion won in its shipping and trading divisions.
To achieve the operating profit target, it will advance further into emerging markets such as the Middle East, Latin America and Africa, according to the statement.
In a separate official statement, STX Engine ? a unit of STX Group ? has secured a 45 billion won ($39 million) deal to supply diesel engines to be mounted on Korea Coast Guard patrol ships.
The deal with Hyundai Heavy Industries, the world's top shipbuilder, calls on STX Engine to deliver the engines by November 2011.
Earlier this month, STX Engine clinched a 52 billion won deal to supply diesel engines for Hanjin Heavy Industries, and a similar deal for diesel engines with Samsung Techwin valued at 164 billion won.