SEOUL, Kangwon Land Inc. on Wednesday reported its fourth-quarter net profit of 78 billion won (US$58.7 million), up 746.1 percent from a year earlier. The company said in a regulatory filing that it posted 42.1 billion won in operating profit for the quarter, compared with 18.4 billion won a year ago. Revenue fell 2.8 percent to 325.3 billion won. Source: Yonhap News Agency
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