Hyundai Home Shopping Network 2022 net profit down 11.9 pct to 89.5 bln won

SEOUL– Hyundai Home Shopping Network Corp. on Tuesday reported its 2022 net income of 89.5 billion won (US$71.3 million), down 11.9 percent from a year earlier.

The company said in a regulatory filing that operating profit for the year fell 20.5 percent on-year to 111.4 billion won. Annual revenue increased 0.3 percent to 2.1 trillion won.

Source: Yonhap News Agency

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