Asia
Kangwon Land's Net Income Jumps in Q2; Sales Slip
Kangwon Land (KRX:035250) posted a 60% year-over-year increase in net income attributable to shareholders of the parent company to 100.3 billion won from 62.8 billion won for the second quarter.Sales slipped 4.2% to 345.6 billion won from 360.8 billion won for the three months ended June 30, according to a Korea Exchange filing on Tuesday.The company's first-half net income rose 1.9% to 140 billion won from 137.4 billion won in the prior-year period.Sales for the six months slid 0.4% to 724.5 billion won from 727.1 billion won a year earlier.
KRX:035250
