Hyundai Construction Equipment Reports 126.4 Billion KRW Net Profit Last Year, Up 1387% Year-on-Year
[Asia Economy Reporter Lee Jung-yoon] Hyundai Construction Equipment announced on the 4th that its net income based on consolidated financial statements for last year increased by 1386.6% compared to the previous year, reaching 126.43417 billion KRW.
Last year's sales amounted to 3.284339623 trillion KRW, and operating profit increased by 83.8% from the previous year to 160.78836 billion KRW, the company disclosed.
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The company stated, "Due to large-scale economic stimulus measures and increased demand from the boom in the raw materials market, sales and operating profit all increased compared to the previous year."
This content was produced with the assistance of AI translation services.
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