CJ Logistics Q2 Net Income Declines 10.4% to 60.1 Billion Won


On Monday, CJ Logistics Corp. reported that its net income for the second quarter was 60.1 billion won (US$46 million), a decrease of 10.4% from the same period in the prior year.

The company’s regulatory filing stated that its operating income for the quarter was 112.4 billion won, which was lower than the 116.1 billion won reported in the same quarter in the previous year. Sales dropped 5.6% to 2.96 trillion won.

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