[Asia Economy Reporter Minwoo Lee] Hugel announced on the 9th that it posted preliminary consolidated results for the fourth quarter of last year with sales of 67.4 billion KRW and operating profit of 28.0 billion KRW. This represents increases of 24.8% and 60.4%, respectively, compared to the same period last year. Net profit for the same period was recorded at 22.8 billion KRW, up 101.0%.
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