February 8 - Seoul, South Korea headquartered Hyundai Heavy Industries (HHI) - the world's largest shipbuilder - has seen its 2012 net profit plummet 62 percent year-on-year to KRW1.04 trillion (USD954 million), according to reports in the international m

Despite seeing revenues grow by 2.4 percent to KRW54.97 trillion in 2012, the company has said its profits were hit by a sharp fall in orders for high-end ships.