Hyundai-Rotem 2022 net income up 278.4% to $158.4 mil.
This photo, provided by Hyundai Rotem, shows a ceremony in Gdynia, Poland, celebrating the arrival of the first batch of the Korean arms maker's K2 battle tanks, Dec. 6. Yonhap
Hyundai-Rotem on Monday reported its 2022 net income of 194.5 billion won ($158.4 million), up 278.4 percent from a year earlier.
The company said in a regulatory filing that it posted 147.5 billion won in operating profit for the year, compared with 80.2 billion from the previous year. Annual revenue rose 10.1 percent to 3.16 trillion won. (Yonhap)