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HS Hyosung Advanced Q1 net income down 33.1 pct to 6.7 bln won

The company said in a regulatory filing that it posted 34.4 billion won in operating profit for the quarter, compared with 49.1 billion won a year ago. Revenue also fell 2.9 percent to 829...

HS Hyosung Advanced Q1 net income down 33.1 pct to 6.7 bln won

HS Hyosung Advanced-Q1 earnings

HS Hyosung Advanced Q1 net income down 33.1 pct to 6.7 bln won

SEOUL, April 27 (Yonhap) -- HS Hyosung Advanced on Monday reported its first-quarter net profit of 6.7 billion won (US$4.6 million), down 33.1 percent from a year earlier.

The company said in a regulatory filing that it posted 34.4 billion won in operating profit for the quarter, compared with 49.1 billion won a year ago. Revenue also fell 2.9 percent to 829 billion won.

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