Hyundai Industrial Development, 1Q Operating Profit 68.1 Billion KRW...42.5% Decrease YoY

[Asia Economy Reporter Kwak Minjae] HDC Hyundai Development Company announced on the 28th that its consolidated operating profit for the first quarter was 68.095 billion KRW, a 42.5% decrease compared to the same period last year.

During the same period, sales increased by 5.4% year-on-year to 731.76 billion KRW, and net profit for the period decreased by 48.1% to 47.59 billion KRW, respectively, according to preliminary estimates.