Asia
Sanil Electric Posts Higher Q2 Profit as Revenue Climbs; Shares Down 3%
Sanil Electric (KRX:062040) posted a 46% year-over-year rise in net income attributable to owners of the parent to 70.4 billion won from 48.2 billion won for the second quarter.Sales increased 28% to 164.2 billion won from 128.3 billion won for the three months ended June 30.Shares of the power transformer manufacturer were down nearly 3% in recent trade.
KRX:062040