Hyundai Home Shopping Network Q1 net profit down 9.9 pct to 43.6 bln won

SEOUL-- Hyundai Home Shopping Network Corp. on Monday reported its first-quarter net income of 43.6 billion won (US$34.3 million), down 9.9 percent from a year earlier.

The company said in a regulatory filing that operating income for the January-March period fell 18.2 percent on-year to 36.3 billion won. Revenue increased 0.8 percent to 539.1 billion won.

Source: Yonhap News Agency