Kolon Industries Q1 net income up 69.7 pct to 88.2 bln won

SEOUL-- Kolon Industries Inc. on Tuesday reported its first-quarter net profit of 88.2 billion won (US$69.6 million), up 69.7 percent from a year earlier.

The company said in a regulatory filing that it posted 63.9 billion won in operating profit for the quarter, compared with 71.9 billion won a year ago. Revenue rose 19.2 percent to 1.27 trillion won.

Source: Yonhap News Agency