Hankook Tire & Technology Q1 Operating Profit Rises

(RTTNews) - Hankook Tire & Technology (161390.KS) reported that its first quarter net income attributable to shareholders of the parent company totaled 346.16 billion Korean Won, 8.28% higher than 319.69 billion won in the comparable period of the previous year. Operating income reached 506.96 billion won, grew 42.95% from 354.64 billion won, last year.

First quarter sales totaled 5.31 trillion Korean Won, increased 7.06% compared to the same quarter of the previous year, when sales were 4.96 trillion won.

Shares of Hankook Tire & Technology are trading at 62,100 Korean won, down 4.02%.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.