Hyundai Glovis Reports 2Q Operating Profit of 277 Billion KRW, Up 112% Year-on-Year
[Asia Economy Reporter Dongwoo Lee] Hyundai Glovis announced on the 23rd that its operating profit for the second quarter of this year reached 276.9 billion KRW, an increase of 112.0% compared to the same period last year.
During the same period, sales increased by 67.2% to 5.4672 trillion KRW, and net profit rose by 86.0% to 214.3 billion KRW.
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Hyundai Glovis stated, "The base effect of COVID-19 and the recovery of demand in upstream industries were reflected in the performance. However, since the COVID-19 situation remains unstable and uncertainties in cargo volume are increasing, we plan to continue efforts to secure profitability."
This content was produced with the assistance of AI translation services.
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