Hyundai Glovis Reports Operating Profit of 660 Billion KRW Last Year, Down 24.5% Year-on-Year
[Asia Economy Reporter Dongwoo Lee] Hyundai Glovis announced on the 28th that its consolidated operating profit for last year was tentatively estimated at 662.2 billion KRW, a 24.5% decrease compared to the previous year.
Sales amounted to 16.5199 trillion KRW, down 9.6% from the previous year. Net profit increased by 20.7% to 606.1 billion KRW.
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Operating profit for the fourth quarter of last year was 175.2 billion KRW, a 23.3% decrease compared to the same period last year. During the same period, sales and net profit were recorded at 4.8791 trillion KRW and 168.3 billion KRW, respectively.
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