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Doosan shifts to profits in Q2

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This undated photo shows the logo of Doosan Group in front of the Doosan Tower in Jung-gu, Seoul. Yonhap

Doosan on Friday reported its second-quarter net income of 174.4 billion won ($136.4 million), turning from a loss of 134.9 billion won a year earlier.

The company said in a regulatory filing that operating income for the April-June period rose 39.1 percent on-year to 512 billion won. Revenue increased 14 percent to 4.96 trillion won. (Yonhap)