Hyundai Rotem Q2 Net Income Falls to KRW 185.29 Billion

Earnings
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Summary · why it matters

Hyundai Rotem reported a decline in second-quarter net income attributable to shareholders of the parent company, which fell to KRW 185.29 billion from KRW 201.37 billion a year earlier. Operating income rose to KRW 232.38 billion from KRW 224.20 billion, while sales increased to KRW 1.61 trillion from KRW 1.46 trillion. Shares of the South Korean heavy industry manufacturer dropped 4.32% to KRW 159,300 on the Korean Stock Exchange following the announcement.

Impact on stocks 1

Defense & Geopolitical Fragmentation · 1 stocks
Hyundai Rotem Co
064350
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Net income fell to KRW 185.29 billion from KRW 201.37 billion, and shares dropped 4.32%.