S.Korea Daewoo Motor Sales sees H1 net up yr/yr

Newswire

SEOUL, July 31 (Reuters) - Daewoo Motor Sales Co , the marketing arm of South Korea's third largest automaker, Daewoo Motor Co, said it expects first half net profit of around 50 billion won ($42.44 million) up from around 22 billion won a year ago. First half operating profit rose to 58.2 billion won from 16.1 billion won a year ago, Daewoo Motor Sales spokesman Kim Ki-ho told Reuters on Wednesday, confirming preliminary data provided by the regulatory Financial Supervisory Service (FSS). ...

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