Hyosung(004800) said in a filing on the 31st that second-quarter operating profit on a consolidation basis was tentatively tallied at 231.639 billion won, up 133.7% from a year earlier.
During the same period, revenue rose 21.9% to 733.637 billion won, and net profit increased 152.2% to 226.319 billion won.
A Hyosung official said, "Results improved on higher equity-method gains driven by better performance at key subsidiaries, including Hyosung TNC, Hyosung Heavy Industries, and Hyosung Chemical, as well as improved revenue at Hyosung TNS."
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