ID :
72317
Mon, 07/27/2009 - 08:27
Auther :
Shortlink :
https://www.oananews.org//node/72317
The shortlink copeid
Hyundai Engineering Q2 net drops 12.2 pct
By Nam Kwang-sik
SEOUL, July 27 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's
third-largest builder, said Monday its second-quarter net profit fell 12.2
percent from a year ago due to a slump in the domestic housing market.
Net profit came to 102.8 billion won (US$82.3 million) in the April-June period,
compared with 117.1 billion won a year ago, Hyundai Engineering & Construction
said in a regulatory filing.
Sales, however, rose 46.2 percent on-year to 2.66 trillion won during the same
period, while operating profit fell 9.3 percent to 153.7 billion won.
ksnam@yna.co.kr
SEOUL, July 27 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's
third-largest builder, said Monday its second-quarter net profit fell 12.2
percent from a year ago due to a slump in the domestic housing market.
Net profit came to 102.8 billion won (US$82.3 million) in the April-June period,
compared with 117.1 billion won a year ago, Hyundai Engineering & Construction
said in a regulatory filing.
Sales, however, rose 46.2 percent on-year to 2.66 trillion won during the same
period, while operating profit fell 9.3 percent to 153.7 billion won.
ksnam@yna.co.kr
