Seoul: Kolon Industries Inc., a South Korean chemical and specialty materials company, reported its second-quarter net profit of 66 billion won (US$46.5 million), marking a significant increase of 126.9 percent from the same period last year.

According to Yonhap News Agency, the company's operating profit for the April-June period reached 98.7 billion won, reflecting a substantial growth of 118 percent compared to the previous year. Additionally, the sales figures rose by 7.8 percent, totaling 1.35 trillion won, as stated in the company's regulatory filing.