S&T Heavy Industries 1Q Operating Profit 3.7 Billion KRW... 12.6% Decrease YoY
[Asia Economy Reporter Minwoo Lee] S&T Heavy Industries' sales and operating profit for the first quarter of this year both fell by more than 10% compared to the same period last year.
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S&T Heavy Industries announced on the 27th that it posted provisional results of 73.4 billion KRW in consolidated sales and 3.7 billion KRW in operating profit for the first quarter of this year. Both figures represent a 12.6% decline compared to the first quarter of last year. Net profit for the same period was recorded at 3.4 billion KRW, down 23.6%.
This content was produced with the assistance of AI translation services.
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