[Apha Biz=(Chicago) Reporter Paul Lee] Both sales and operating profit of Dongwon Industrial, the holding company of Dongwon Group, fell in the second quarter.

Dongwon Group announced on the 8th that its operating profit in the second quarter of this year was 102.3 billion won, down 24.9% from a year earlier.

Sales fell 5.3 percent to 2.197 trillion won during the same period. Net profit for the second quarter was 45.9 billion won, down 60.4% from a year earlier.

By business sector, sales in the fisheries and food sectors rose 14.7% on-year to 288.7 billion won in the second quarter and operating profit rose 46.9% to 50 billion won.

 

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