The Korea Herald

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Kumho Tire's Q2 operating profit down 26% to W40b

By 황유미

Published : Aug. 17, 2016 - 08:51

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[DISCLOSURE] Kumho Tire (073240) reported on Aug. 16 that its operating profit in the second quarter fell 26 percent to 40.73 billion won (US$37.16 million) from the same period last year.
 
Its sales decreased 5 percent to 744.84 billion won and net loss came in at 7.47 billion won turning to red on-year.