General

Hankook and Company Q1 net profit up 252.8 pct to 114.2 bln won


SEOUL, Hankook and Company Co. on Tuesday reported its first-quarter net income of 114.2 billion won (US$82.6 million), up 252.8 percent from a year earlier.

The company said in a regulatory filing that operating income for the January-March period rose 282.6 percent on-year to 124.2 billion won. Sales increased 51.3 percent to 347.2 billion won.

Source: Yonhap News Agency