Seoul: HS Hyosung Corp. on Thursday reported its fourth-quarter net income of 8.9 billion won (US$6.3 million), marking a 386.2 percent increase from a year earlier.
According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the October-December period saw a slight decline of 1.2 percent on-year, totaling 10.7 billion won. Additionally, the company's revenue experienced a decrease of 5.3 percent, amounting to 332 billion won.