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DL Holdings Shifts to Profits in Q2

Seoul: DL Holdings on Monday reported a second-quarter net profit of 152.7 billion won (US$106.9 million), shifting from a loss of 84.3 billion won a year earlier.

According to Yonhap News Agency, the company, engaged in construction, petrochemical, and energy management, said in a regulatory filing that it posted 256.5 billion won in operating profit for the quarter, compared with 72 billion won a year ago. Revenue rose 26.2 percent to 1.66 trillion won.

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