Hyundai Development Q2 net profit down 75.4% to $13 mil.
HDC Hyundai Development Company's headquarter in Yongsan, Seoul, is seen in this undated photo. Yonhap
Hyundai Development on Wednesday reported its second-quarter net profit of 16.6 billion won ($13 million), down 75.4 percent from a year earlier.
The company said in a regulatory filing that it posted 5.7 billion won in operating profit for the quarter, compared with 66.7 billion won a year ago. Sales fell 2.7 percent to 933.6 billion won. (Yonhap)