STX Shipbuilding Co., the world's seventh-largest shipbuilder, said Monday that it swung to a profit in 2006 from a loss a year earlier on rising demand for high-priced ships.
Net profit reached 41.1 billion won (US$43.3 million) last year, compared with a loss of 6 billion won a year earlier, the company said in a regulatory filing.
Net profit reached 41.1 billion won (US$43.3 million) last year, compared with a loss of 6 billion won a year earlier, the company said in a regulatory filing.