Kumho Tire-Q2 earnings

Kumho Tire swings to profits in Q2

SEOUL, July 28 (Yonhap) -- Kumho Tire Co. on Friday reported its second-quarter net profit of 30.3 billion won (US$23.6 million), swinging from a loss of 29.8 billion won a year earlier.

The company said in a regulatory filing that it posted 88.1 billion won in operating profit for the quarter, compared with 1.8 billion won a year ago. Revenue rose 12.3 percent to 1 trillion won.

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