2001-05-15 09:33
Korea Line posts 24.6 billion won in sales in first quarter
Korea Line estimated earnings at 24.6 billion won for the first quarter this year, an increase of 10.7 billion won over the same period of last year.
Sales also grew to 160.5 billion won from 149.8 billion won.
However, the company has concerns about net losses by the end of the year due to the sharp depreciation of the won earlier this year. Exchange rate losses may hit 49.2 billion won for the company.
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