Korea Zinc Q2 net profit up 41.3 pct to 175.5 bln won


Korea Zinc Inc on Wednesday reported its second-quarter net profit of 175.5 billion won (US$127.4 million), up 41.3 percent from a year earlier.

The company said in a regulatory filing that it posted 268.7 billion won in operating profit for the quarter, compared with 155.7 billion won a year ago. Revenue rose 23.8 percent to 3.05 trillion won.

The operating profit was in line with the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available.

Source: Yonhap News Agency

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