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HYOSUNG CORP. Q1 NET FALLS 29 PCT.

Publication: AsiaPulse News
Publication Date: 02-MAY-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SEOUL, May 2 Asia Pulse - Hyosung Corp., a South Korean maker of textiles and heavy machinery, said today its net profit dropped 29 per cent on-year in the first quarter due to a rise in raw material prices.

Net profit came to 18.5 billion won (US$18.3 million) in...

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