Hyundai Mipo Dockyard [HMD] held the 35^th General Shareholders Meeting on March 13^th at the head office. At this meeting all the proposed matters, including the 35^th financial statement, standing directors and audit committee members, the salary limitations for directors, were approved. It is confirmed that HMD’s sales for 2008 increased by 34% from last year to 2.84 trillion won, the operating profit rose by 48% from the previous year to \536.07 billion and net profit was reported as \519.01 billion. These good performances are attributed to more gained productivity, more effective cost control and the high value-added ship types including LPG carriers and PCTCs.