-- Pan Ocean (KRX:028670) posted first-quarter net income attributable to shareholders of 94.5 billion won, up 31% from 72.0 billion won a year earlier, according to a Monday filing with the Korea Exchange.
The South Korean shipping and logistics company's sales rose 8.3% year over year to 1.509 trillion won from 1.393 trillion won.
Shares of Pan Ocean rose nearly 2% at market close.