Seoul: HD Hyundai Infracore Co. on Thursday reported its first-quarter net income of 39.9 billion won (US$27.9 million), marking a significant decline of 40.9 percent from the same period last year.
According to Yonhap News Agency, the company's operating income for the January-March period was 67.8 billion won, representing a decrease of 26.9 percent from the previous year. Additionally, the company's revenue fell by 12 percent, totaling 1.01 trillion won.