SEOUL, Hyundai Engineering and Construction Co. on Tuesday reported its 2023 net income of 654.3 billion won (US$490.1 million), up 38.9 percent from a year earlier.

Operating income for the year was 785.4 billion won, up 36.6 percent from the previous year, the company said in a regulatory filing. Annual revenue rose 39.6 percent to 29.65 trillion won.

Source: Yonhap News Agency