HS Hyosung Advanced Materials Posts Q1 Operating Profit of 34.4 Billion Won, Down 29.9% YoY
HS Hyosung Advanced Materials announced in a public filing on April 27 that, on a consolidated basis, its operating profit for the first quarter of this year was provisionally tallied at 34.4 billion won, down 29.9% compared to the same period last year. During the same period, revenue was 829 billion won, a decrease of 2.9%. Net profit was 6.7 billion won, a decline of 33.1%.
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