Taekwang, 2Q Operating Profit 3.6 Billion KRW... Up 3394% YoY

[Asia Economy Reporter Minwoo Lee] Taekwang announced on the 11th that it posted provisional results for the second quarter of this year with consolidated sales of 47.2 billion KRW and operating profit of 3.6 billion KRW. Compared to the same period last year, sales decreased by 21.2%, while operating profit increased by 3394.4%. Net profit for the same period was recorded at 3.5 billion KRW, up 1559.4%.