Hankook Profits Up

Hankook Tire has released its first-quarter figures showing a 3.5 per cent increase in net profit. Its profits now stand at 56.6 billion won (£30.5 million).
Operating profit, however, edged down 2.4 per cent to 68.3 billion won, (£36.8 million). Sales rose 6.3 per cent to 475.6 billion won (£256 million).