[Asia Economy Reporter Minji Lee] Hyundai Oilbank announced on the 27th that it recorded an operating profit of 1.1424 trillion KRW last year, turning to a profit. Sales increased by 50% to 20.6066 trillion KRW, and net profit turned positive at 528.1 billion KRW.
The company explained, "Operating profit improved due to rising oil prices and refining margins."
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