Hyundai-Rotem Q4 net profit down 62.5 pct to 46.2 bln won

SEOUL, Hyundai-Rotem Co. on Wednesday reported its fourth-quarter net income of 46.2 billion won (US$34.7 million), down 62.5 percent from a year earlier. The company said in a regulatory filing that it posted 69.8 billion won in operating profit for the quarter, compared with 60.7 billion won a year ago. Sales rose 7.8 percent to 989.2 billion won. Source: Yonhap News Agency