UPDATE 1-Korea Kumho Ind swings to profit in H1

Newswire

(Adds company comments, closing shares, background) SEOUL, July 30 (Reuters) - Kumho Industrial Co, South Korea's second largest tyre maker, said on Tuesday it swung back to a net profit in the first half as booming automobile sales boosted demand for its products. Kumho said it posted a first-half net profit of 45.3 billion won ($38.22 million), against a loss of 34.4 billion won a year ago. Sales in the first six months were 1.28 trillion won, down slightly from 1.29 trillion won in ...

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