CS Wind Corp. on Thursday reported its second-quarter net profit of 106 billion won (US$76.9 million), up 404.8 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 211.5 percent on-year to 130.3 billion won. Revenue increased 106.4 percent to 857.8 billion won.

The earnings beat market expectations. The average estimate of net profit by analysts stood at 27.2 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.

Source : Yonhap News Agency