S-Oil Q1 net income down 37.4 pct to 166.2 bln won

S-Oil Corp. on Friday reported its first-quarter net profit of 166.2 billion won (US$120.9 million), down 37.4 percent from a year earlier.

Operating income for the January-March period was 454.1 billion won, down 11.9 percent from a year ago, the c…

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