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Hyundai-Rotem Q4 net profit up 380.1% to $100.3 million

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Hyundai-Rotem's GTX-A train / Courtesy of Hyundai-Rotem

Hyundai-Rotem on Monday reported its fourth-quarter net income of 123.2 billion won ($100.3 million), up 380.1 percent from a year earlier.

The company said in a regulatory filing that operating income for the October-December period rose 97.4 percent on-year to 60.7 billion won. Revenue increased 15 percent to 917.6 billion won. (Yonhap)