ID :
22217
Wed, 10/01/2008 - 22:32
Auther :
Shortlink :
http://m.oananews.org//node/22217
The shortlink copeid
Korea Express eyes sales of 2.1 tln won this year
SEOUL, Oct. 1 (Yonhap) -- Korea Express Co., the nation's top logistics company,
said Wednesday that it is aiming at sales of 2.1 trillion won (US$1.74 billion)
this year.
In a regulatory filing, the company also said it has set a target of 100 billion
won in operating income this year. It did not provide yearly comparable figures.
In March of this year, Kumho-Asiana Group, the country's seventh-largest
conglomerate, acquired Korea Express for 4 trillion won.
Korea Express has been under court receivership since 2000 after it failed to
repay the debts of its parent company, Dong-ah Construction, which collapsed in
financial turmoil.
said Wednesday that it is aiming at sales of 2.1 trillion won (US$1.74 billion)
this year.
In a regulatory filing, the company also said it has set a target of 100 billion
won in operating income this year. It did not provide yearly comparable figures.
In March of this year, Kumho-Asiana Group, the country's seventh-largest
conglomerate, acquired Korea Express for 4 trillion won.
Korea Express has been under court receivership since 2000 after it failed to
repay the debts of its parent company, Dong-ah Construction, which collapsed in
financial turmoil.