Hyundai Rotem sales grows to USD 1.37mn in Q1


(MENAFN) Hyundai Rotem Co., a train making unit of Hyundai Motor Group, proclaimed it swung to a net profit through Q1.

Moreover, net income reached USD 1.37mn among the cited period, a turnaround from a loss of USD 0.026bn a year earlier.

Additionally, the firm also recorded a revenue of USD 0.027bn in the three months compared with a loss of USD 0.01bn last year.

The turnaround is related to a 617.4 percent spike in orders via the cited period.


MENAFN

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