SEOUL, Hyosung TNC Corp. on Monday reported a 2023 net profit of 98.7 billion won (US$73.9 million), up 414.5 percent from a year earlier.

The company said in a regulatory filing that it posted 213.4 billion won in operating profit for the year, compared with 123.6 billion won from the previous year. Yet revenue fell 15.3 percent on-year to 7.52 trillion won.

Source: Yonhap News Agency