Hyundai Glovis Reports Second-Quarter Operating Profit of 495.1 Billion Won, Down 8.1% Year-on-Year
Hyundai Glovis announced on the 23rd that its preliminary consolidated operating profit for the second quarter of this year was recorded at 495.1 billion won, down 8.1% compared to the same period last year.
Revenue for the same period was recorded at 8.7054 trillion won, up 15.8%, while net profit came in at 369.2 billion won, down 26.7% from a year earlier.
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For the first half of the year, revenue increased by 12.1% year-on-year to 14.74 trillion won. Operating profit was recorded at 1.04 trillion won, representing a 2.3% decrease. Net profit for the same period stood at 900 billion won, down 21.2% from the previous year.
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