Seoul: HD Hyundai Marine Engine Co. on Monday reported its fourth-quarter net income of 112.1 billion won (US$76.4 million), representing a 123.4 percent increase from the previous year.

According to Yonhap News Agency, the company stated in a regulatory filing that its operating profit for the October-December period climbed 205.3 percent from a year earlier, reaching 27.9 billion won. Additionally, the company reported a revenue rise of 25.3 percent, totaling 111 billion won.