UPDATE 2-Daewoo Motor Sales sees record H1 profit

Newswire

(Adds analyst quotes, closing shares, more details) By Samuel Len SEOUL, July 31 (Reuters) - Daewoo Motor Sales Co, the marketing arm of South Korea's third largest automaker, said on Wednesday it expects record first half net profit as it benefits from restructuring and investment plans by General Motors. Daewoo Motor Sales put preliminary first half net profit up by almost 130 percent at around 50 billion won ($42.44 million), against about 22 billion won a year ago. Shares of ...

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