SEOUL - Korea Zinc Inc. reported a substantial increase in its net profit for the second quarter, with figures significantly rising year over year. The company's net profit soared to 175.5 billion won (US$127.4 million), up 41.3 percent from the same period last year.
According to Yonhap News Agency, operating profit also saw a remarkable increase, climbing from 155.7 billion won to 268.7 billion won.
The revenue for Korea Zinc experienced a sharp rise of 23.8 percent, totaling 3.05 trillion won. The reported operating profit aligned with market forecasts, although specific net profit estimates were not disclosed by the financial data firm Yonhap Infomax. This robust financial performance highlights Korea Zinc's strong market position and operational success in the quarter.