Ssangyong C&E Q2 net profit down 45.6 pct to 39 bln won

Ssangyong C&E-Q2 earnings

Ssangyong C&E Q2 net profit down 45.6 pct to 39 bln won

SEOUL, Aug. 2 (Yonhap) -- Ssangyong C&E Co. on Tuesday reported its second-quarter net profit of 39 billion won (US$29.8 million), down 45.6 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period fell 34.4 percent on-year to 52 billion won. Sales increased 16.9 percent to 486.3 billion won.

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