Korea Line bottom line down

Korea Line Corporation' bottom line decreased last year due to a turndown in global shipping and the strength of the won.

They announced sales profits of 1,109.3 million dollars and 90.9 million dollars in business profits on January 20. Those numbers were down by 3.5% and 45.4% compared to the previous year, respectively.

Ordinary profits came in at 93.3 million dollars and net profits at 85.8 million for the year. Those represented decreases of 60.8% and 57.3% from the previous year.