Mando's Q1 2014 sales up 4.2 percent year-on-year  [ Korea ]

Mando Corporation announced its business results for the first quarter (January-March) of 2014. Sales reached KRW 1,423.0 billion, increasing 4.2 percent from KRW 1,366.0 billion in the same term the previous year. Operating profit was KRW 85.3 billion, up 4.0 percent from KRW 82.0 billion in 1Q 2013. Some of the major factors behind these improvements were greater sales to Hyundai Motor, Kia M...