2 stories mentioning KRX:002320Updated just now
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Hanjin Logistics (KRX:002320) posted second-quarter operating income of 28.7 billion won, down 22% from 37 billion won a year earlier, according to a Tuesday filing with the Korea Exchange.The South Korean logistics firm's sales jumped 14% year over year to 847.8 billion won from 740.8 billion won.Shares of Hanjin Logistics fell nearly 5% at market close.
Hanjin Logistics (KRX:002320) has provided a 70.8 billion South Korean won debt guarantee to Seoul Guarantee Insurance for affiliate Incheon Global Container Terminal.Shares of the logistics company fell 5% in recent trade.The guarantee supports a performance bond for the affiliate's Incheon New Port Phase 1-2 Container Pier project agreement with the Incheon Port Authority, according to a South Korean bourse filing.The guaranteed amount represents 130% of the underlying debt of 54.43 billion won.
