Hyosung TNC Q2 net income down 85.7 pct to 42.9 bln won

SEOUL, July 29 (Yonhap) — Hyosung TNC Corp. on Friday reported its second-quarter net income of 42.9 billion won (US$33 million), down 85.7 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period fell 77.4 percent on-year to 87.4 billion won. Sales increased 19.7 percent to 2.56 trillion won.

Source: Yonhap News Agency

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