(MENAFN) S. Korea's steelmaker Hyundai Steel Co. proclaimed that its net profit climbed more than 26 percent from a year earlier in Q2.
Moreover, net income reached USD224.26mn in the three months ending June 30, from the previous quarter whish reached 60.5 percent.
In addition, the firm attributed the sales increase to a rise in the sales of high-end products, like advanced high strength steel sheets.
Accordingly, the firm proclaimed its annual output capacity will grow by 500.000 tons in 2018, helping boost its annual sales.
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