Hyundai-Rotem 2023 net profit down 19.4 pct to 156.8 bln won

SEOUL, Hyundai-Rotem Co. on Wednesday reported its 2023 net income of 156.8 billion won (US$117.7 million), down 19.4 percent from a year earlier. The company said in a regulatory filing that operating profit for the year rose 42.4 percent on-year to 210 billion won. Annual revenue increased 13.4 percent to 3.58 trillion won. Source: Yonhap News Agency