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April 25, 2024

Nexen Tire’s Q4 2017 operating profit down 25% to W185.3b

PUBLISHED : January 22, 2018 - 09:02

UPDATED : January 22, 2018 - 09:02

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[DISCLOSURE] Nexen Tire (005720) reported on Jan. 19 that its operating profit in the fourth quarter last year fell 25.3 percent on-year to 185.3 billion won (US$173.66 million). 

Revenue climbed 3.7 percent to 1.96 trillion won while net profit dropped 27.6 percent to 127.4 billion won from the same period the previous year.

By Hwang You-mee (glamazon@heraldcorp.com)

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