Pan Ocean Co. Ltd. (028670.KS) reported Wednesday a profit in its fourth quarter, compared to prior year's loss, despite weak sales. In South Korea, the shares were losing around 3.8 percent, trading at 4,885.00 won.
In the quarter, net income attributable to shareholders of parent company was 48.7 billion won, compared to last year's 32.9 billion won.
Operating income was 130.4 billion won, up 18.8 percent from 109.8 billion won last year Sales dropped 11.9 percent to 1.476 trillion won from 1.676 trillion won last year. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.