Kumho Petro Chemical 2023 net income down 57.2 pct to 436.2 bln won

SEOUL, Kumho Petro Chemical Co. on Monday reported its 2023 net income of 436.2 billion won (US$326.6 million), down 57.2 percent from a year earlier. The company said in a regulatory filing that operating profit for the year fell 68.7 percent on-year to 359 billion won. Annual sales decreased 20.7 percent to 6.32 trillion won. Source: Yonhap News Agency