Seoul: Doosan Bobcat Inc. on Friday reported its second-quarter net profit of 121.8 billion won (US$88.4 million), marking a 22.9 percent decrease from the same period last year.
According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the April-June period fell by 14.7 percent on-year, amounting to 204.2 billion won. Additionally, sales witnessed a 1.6 percent decline, reaching 2.2 trillion won during the same period.