Hyosung Q2 net profit down 75.9 pct to 45.3 bln won

Hyosung-Q2 earnings

Hyosung Q2 net profit down 75.9 pct to 45.3 bln won

SEOUL, July 29 (Yonhap) -- Hyosung Corp. on Friday reported its second-quarter net income of 45.3 billion won (US$34.8 million), down 75.9 percent from a year earlier.

The company said in a regulatory filing that it posted 35.7 billion won in operating profit for the quarter, compared with 218 billion won a year ago. Sales fell 2.3 percent to 924.7 billion won.

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