Hyundai Steel Reports 14 Billion KRW Operating Profit in 2Q, Down 94% YoY
[Asia Economy Reporter Minwoo Lee] Hyundai Steel announced on the 28th that it recorded provisional results of consolidated sales of 4.1133 trillion KRW and operating profit of 14 billion KRW for the second quarter of this year. Compared to the same period last year, these figures decreased by 26.2% and 94.0%, respectively. During the same period, it turned to a deficit, recording a net loss of 12.9 billion KRW.
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