Seoul: Hankook and Company Co. has announced a net income of 115.4 billion won (US$82.2 million) for the first quarter, marking a 1.2 percent increase from the same period last year.
According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the quarter amounted to 126.9 billion won, a slight rise from 125.5 billion won recorded in the prior year. Additionally, the company's sales experienced an 11.5 percent increase, reaching 388.7 billion won for the quarter.